Tether to launch stablecoin pegged to UAE dirham

Leading stablecoin issuer Tether has announced plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED). This initiative, in collaboration with the United Arab Emirates-based Phoenix Group, aims to provide a safe and efficient means of trading in AED that caters to both companies and individuals. The new stablecoin will be fully supported (…)