UAE to Launch Digital Dirham (Ð) in Late 2025
The United Arab Emirates (UAE) is set to introduce its Digital Dirham (CBDC) by the end of 2025. Developed by the Central Bank of the UAE (CBUAE), this new digital currency aims to enhance payment security, speed, and transparency while combating financial crimes and driving innovation in the nation’s financial sector.
Key Features of the Digital Dirham (Ð):
Blockchain-Powered Transactions: The Digital Dirham will leverage blockchain technology to ensure secure, transparent, and efficient financial transactions.
Secure Digital Wallets: Individuals and businesses can store and use the currency via a protected digital wallet, simplifying payments both locally and internationally.
Smart Contracts & Tokenization: The Digital Dirham will support smart contracts, enabling automated and reliable transactions without intermediaries. Additionally, tokenization will make it easier to trade assets like real estate or company shares in smaller, more accessible units.
This digital transformation is expected to modernize the UAE’s financial system, making daily transactions more seamless, efficient, and future-ready.
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