In a press release, Tether said that it would ensure that every dirham-pegged token is “tied to the value of the AED” and will provide stability and confidence to its value. USDT’s growth on TON ...

“We will no longer be releasing a USD based algorithmic stable coin,” Cronje said in a March 28 X post. “Completely unrelated, we will be releasing a mathematically bound numerical Dirham ...

Abu Dhabi’s Phoenix Group has partnered with cryptocurrency firm Tether to launch a stablecoin pegged to the UAE dirham to tap into the growing demand for the Gulf currency while offering ...

The first one-dirham coin began circulating on May 19, 1973. It was issued 534 days after the birth of the UAE, and we’re today commemorating its 52nd anniversary release. Dirham is derived from ...

Tether (USDT-USD), the heavyweight in the stablecoin arena, is setting its sights on a new frontier by planning to launch a stablecoin pegged to the United Arab Emirates (UAE) dirham. This move is ...

Abu Dhabi, Mar. 18, 2006 (WAM) -- The UAE Central Bank will issue on Tuesday two commemmorative coins, in Gold and Silver, as well as a commemmorative Dirham coin to mark the occasion of the official ...

The United Arab Emirates expects its digital dirham central bank digital currency to roll out in the fourth quarter of 2025. According to a report in the Khaleej Times, Central Bank of the UAE ...

Stablecoin issuer Tether has announced that its United Arab Emirates dirham-pegged stablecoin will be launched on The Open Network (TON) blockchain. At the TON Gateway event held in Dubai ...

DUBAI, Aug 21 (Reuters) - Cryptocurrency company Tether said on Wednesday it would launch a new stablecoin pegged to the United Arab Emirates (UAE) dirham as it taps demand for the Gulf currency ...