#AbuDhabiStablecoin Here's an overview of the key developments:

🇦🇪 New Dirham-Backed Stablecoin by Abu Dhabi Institutions

🌍 DRAM: A Dirham-Backed Stablecoin for Emerging Markets

In October 2023, Distributed Technologies Research (DTR), led by former SoftBank executive Akshay Naheta, launched DRAM, a stablecoin pegged to the UAE dirham. DRAM is an ERC-20 token available on decentralized exchanges like Uniswap and PancakeSwap.

Issued by Hong Kong-based DR