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Abu Dhabi institutional giants team up for dirham stablecoin
29.4.2025
A trio of major Abu Dhabi institutions, including the Emirate’s sovereign wealth fund, have teamed up to launch a new dirham-pegged stablecoin.Abu Dhabi’s sovereign wealth fund ADQ, the United Arab Emirates' largest bank, First Abu Dhabi Bank (FAB), and the massive conglomerate...
Abu Dhabi institutional giants team up for dirham stablecoin
29.4.2025
A trio of major Abu Dhabi institutions, including the Emirate’s sovereign wealth fund, have teamed up to launch a new dirham-pegged stablecoin.Abu Dhabi’s sovereign wealth fund ADQ, the United Arab Emirates’ largest bank, First Abu Dhabi Bank (FAB), and the massive conglomerate...
Sonic Labs ditch algorithmic USD stablecoin for UAE dirham alternative
29.3.2025
Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative.On March 22, Sonic Labs co-founder Andre Cronje said the company was working on a US dollar-pegged algorithmic stablecoin with an annual...
Sonic Labs ditch algorithmic USD stablecoin for UAE dirham alternative
29.3.2025
Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative.On March 22, Sonic Labs co-founder Andre Cronje said the company was working on a US dollar-pegged algorithmic stablecoin with an annual...
Sonic Labs ditch algorithmic USD stablecoin for UAE dirham alternative
29.3.2025
Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative.On March 22, Sonic Labs co-founder Andre Cronje said the company was working on a US dollar-pegged algorithmic stablecoin with an annual...
UAE expects digital dirham rollout in Q4 2025
28.3.2025
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 Governor Khaled Mohamed Balama reportedly said that the blockchain-based currency could improve...
UAE expects digital dirham rollout in Q4 2025
28.3.2025
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 Governor Khaled Mohamed Balama reportedly said that the blockchain-based currency could improve...
UAE Central Bank Reveals Digital Dirham Symbol, Targets Late 2025 Launch
28.3.2025
The Central Bank of the UAE (CBUAE) has unveiled the official symbol for the Digital Dirham, set to launch in retail markets by late 2025. Digital Dirham to Enable Tokenization The Central Bank of the UAE (CBUAE) has announced significant progress in its Digital Dirham initiative, unveiling...
Crypto trends shaping the Middle East’s blockchain future
17.12.2024
Web3 professionals pointed toward talent and capital, Shariah-compliant crypto services and dirham-pegged stablecoins when asked about crypto trends in the Middle East
Crypto trends shaping the Middle East’s blockchain future
17.12.2024
Web3 professionals pointed toward talent and capital, Shariah-compliant crypto services and dirham-pegged stablecoins when asked about crypto trends in the Middle East
Ripple in the UAE, XRP’s Role in Dirham Stablecoin Expansion
8.11.2024
The global stabelcoin market is on the rise and is projected to reach $3 trillion in the next…
Tether to launch dirham-pegged stablecoin on TON
1.11.2024
Tether’s senior strategic partnership manager, Alessandro Giori, said that TON is the fastest blockchain to reach 1 billion USDT since its launch
UAE stablecoin issuer gets greenlight, FTX customers sue hedge fund: Law Decoded
14.10.2024
While the UAE central bank has given a significant regulatory nod to a new stablecoin, an FTX customer sued hedge fund Olympus Peak over its alleged profits from the exchange’s meltdown
UAE stablecoin issuer gets nod from central bank
14.10.2024
With Tether waiting in the wings, AED Stablecoin becomes the front-runner to launch the United Arab Emirates’ first regulated dirham-pegged token
Tether shuns blockchain launch, cites market concerns
23.8.2024
Tether’s decision to avoid launching its blockchain stems from the crowded market and strategic alignment with existing platforms
Tether to Launch UAE Dirham-Pegged Stablecoin
22.8.2024
Tether, the major stablecoin issuer, has announced plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED). This initiative, in collaboration with the UAE-based Phoenix Group, aims to provide a secure and efficient means of transacting in AED, catering to both businesses...
Can Tether’s Dirham Stablecoin Drive Crypto Adoption in UAE?
21.8.2024
Word in the crypto world has it that the UAE is set to launch a Dirham-pegged stablecoin in…
Tether to Develop UAE Dirham-Pegged Stablecoin
21.8.2024
Tether, the largest company in the digital asset industry, announced today plans for the addition of a new…
Tether Plans to Develop UAE Dirham-Pegged Stablecoin Alongside Phoenix Group
21.8.2024
Tether plans to seek licensing for the stablecoin under the U.A.E. Central Bank's Payment Token Services Regulation
Tether plans to launch dirham stablecoin with UAE partners
21.8.2024
Tether teams up with UAE's Phoenix Group PLC and Green Acorn Investments to launch a Dirham-backed stablecoin, enhancing international trade and remittances