Tether to launch UAE Dirham-pegged stablecoin

Tether has announced its plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED).

The Dirham-pegged stablecoin is intended to facilitate international trade and remittances by offering a cost-effective method of transacting in AED. It is also expected to help reduce transaction fees and potentially provide protection against currency fluctuations.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts