Tether to Launch Dirham-Pegged Stablecoin in Partnership with UAE Firms
Key Insights Tether, the largest stablecoin issuer, is launching a new cryptocurrency pegged to the United Arab Emirates dirham (AED).…
UAE Central Bank Completes First Cross-Border Digital Dirham Transfer via mBridge
Key Insights Central Bank of the UAE conducts first cross-border digital dirham transfer using mBridge CBDC platform $13.6 million dirham…
Ex SoftBank Exec Launches Dirham-Backed Stablecoin to Combat Hyperinflation
Key Insights An MIT alumnus and SoftBank executive has launched a dirham-backed stablecoin called DRAM to provide relief to nations…