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
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