Tether Announces Development of UAE Dirham-Pegged Stablecoin

The creator of stablecoins, Tether, has announced plans to introduce a stablecoin linked to the dirham of the United Arab Emirates. The world’s largest stablecoin issuer, Tether Inc., said on August 21 that the new stablecoin would be introduced in association with Phoenix Group PLC, an IT behemoth with headquarters in the United Arab Emirates, […]
