UAE will soon have a stablecoin pegged to Dirham, thanks to Tether

TL;DR Tether is aiming to obtain a license for its stablecoin under the U.A.E. central bank’s Payment Token Services Regulation.   Stablecoins like USDT are digital assets typically tied to fiat currencies, offering users a hedge against the notorious volatility of cryptocurrencies such as Bitcoin (BTC).  The issuer of the world’s largest stablecoin provider Tether … Continue reading UAE will soon have a stablecoin pegged to Dirham, thanks to Tether