Which banks in the Gulf and MENA offer a stablecoin off-ramp and a card?

Every bank that passes this test also appears on Crypto-friendly banks in the Gulf and MENA, and the list is identical. That page carries the full write-up and is the one search engines are pointed to. The table below is the same set.

The banks that pass

BankScoreTypeHealthP2PVerdict
AMINA Bank15/16Crypto-nativeSolidnoneYes, but only for professional clients and companies. Individuals need CHF 500,000 in assets plus finance experience, or CHF 2 million.
RAKBank8/16TraditionalSolidnoneYes. Crypto trading is built into the app, but it is a closed loop run by Bitpanda, and exchange transfer rules are not published.

Click a column to sort. Health is our tag. P2P is community-reported and separate from the score.

Bank by bank

AMINA Bank 15 of 16 · stablecoin off-ramp: yes · card: yes
Allowed: Trading between fiat and BTC, ETH, USDC, USDT, EURC, PYUSD, RLUSD and a long list of altcoins
Watch out: Stablecoin rewards for US persons and anyone resident or domiciled in the EEA
RAKBank 8 of 16 · stablecoin off-ramp: partial · card: yes
Allowed: Sell crypto and stablecoins (USDT is listed) straight back to your RAKBANK AED current or savings account
Watch out: No published policy on sending dirhams to third-party exchanges such as Binance or Coinbase

Up to the full list

Crypto-friendly banks in the Gulf and MENA (8)

Same region, other tests

Crypto-friendly banks in the Gulf and MENA with a stablecoin off-ramp (5)Crypto-friendly banks in the Gulf and MENA with a card (5)Crypto-friendly banks in the Gulf and MENA with exchange transfers and a stablecoin off-ramp (5)Crypto-friendly banks in the Gulf and MENA with exchange transfers and a card (5)Crypto-friendly banks in the Gulf and MENA with a stablecoin off-ramp and Web3 business accounts (5)Crypto-friendly banks in the Gulf and MENA with a stablecoin off-ramp and custody (5)Crypto-friendly banks in the Gulf and MENA with custody and a card (5)Crypto-friendly banks in the Gulf and MENA with a stablecoin off-ramp and staking (2)

A stablecoin off-ramp and a card elsewhere

Crypto-friendly banks with a stablecoin off-ramp and a card (15)Crypto-friendly banks in the EU with a stablecoin off-ramp and a card (6)Crypto-friendly banks in Europe outside the EU with a stablecoin off-ramp and a card (10)Crypto-friendly banks in the UK with a stablecoin off-ramp and a card (3)Crypto-friendly banks in Switzerland with a stablecoin off-ramp and a card (7)Crypto-friendly banks in the UAE with a stablecoin off-ramp and a card (2)
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