Tether to Launch UAE Dirham-Pegged Stablecoin
Submitted by Anonymous (not verified) on Thu, 08/22/2024 - 18:10
Tether, the major stablecoin issuer, has announced plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED). This initiative, in collaboration with the UAE-based Phoenix Group, aims to provide a secure and efficient means of transacting in AED, catering to both businesses and individuals. The new stablecoin will be fully backed […]