Tether to develop dirham-pegged stablecoin in UAE

Rony Roy

Stablecoin issuer Tether has disclosed plans to launch a stablecoin pegged to the United Arab Emirates dirham. In an Aug. 21 announcement, the world’s largest stablecoin issuer Tether Inc. said the new stablecoin would be launched in collaboration with Phoenix…

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Tether to develop dirham-pegged stablecoin in UAE