Tether Launch UAE Dirham Stablecoin—A Win for Digital Currency
Tether’s AED-pegged stablecoin aims to provide a transparent, cost-effective hedge against currency fluctuations fully backed by UAE-based reserves. The AED-pegged stablecoin will also support the UAE’s growing economic activities, offering businesses and individuals an efficient and secure means for trading, cross-border payments, and digital asset diversification. Stablecoin issuer Tether recently announced its plans to launch…