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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...
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
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
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 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
Dirham stablecoin DRAM hits Uniswap, developed by relaunched Distributed Technologies Research
3.10.2023
Distributed Technologies Research has launched DRAM, a Dirham-backed stablecoin that aims to tap into the performance of the United Arab Emirates fiat currency