Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
Kamalnayan Dave
--
Bullish
Follow
Will
BTC
100k$ ??
please comment your views
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
81
0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
Kamalnayan Dave
@KD-Always_Ready
Follow
Explore More From Creator
$BTC going..... to 120000$ Sooooon in less than 2 weeks keep the screenshot
--
#Write2Earn! #BTCUptober #10MTradersLeague As per the rumour #bitcoin☀️ #BTC☀ is jumping higher than all time high every year on Diwali (The festival of lights in India) is it true ? $BTC
--
Do you think BTC will cross 70k in October month ?
--
#BTC #ETH #TelegramCEO #Write2Earn! #CryptoMarketMoves Tether Announces Development of UAE Dirham-Pegged Stablecoin Tether, the stablecoin issuer behind USDT, has announced plans to introduce a stablecoin pegged to the United Arab Emirates Dirham (AED). This stablecoin, developed in collaboration with UAE-based tech conglomerate Phoenix Group PLC and Green Acorn Investments Ltd, marks the latest addition to Tether's growing portfolio of stablecoins. Tether’s stablecoin lineup already includes several currency-pegged tokens such as USDT (pegged to the U.S. dollar), EURT (pegged to the Euro), CNHT (pegged to the Chinese Yuan), MXNT (pegged to the Mexican Peso), XAUT (pegged to gold), and aUSDT (pegged to the Australian Dollar). According to Tether, each Dirham-pegged token will be fully backed by liquid reserves based in the UAE, ensuring that the stablecoin maintains a consistent value tied to the AED. The new Dirham-pegged stablecoin is expected to offer several advantages for users, particularly in the areas of international trade, remittances, and digital transactions. By leveraging blockchain technology, the stablecoin will facilitate seamless, cost-effective transactions, reducing fees and offering a hedge against currency fluctuations. Paolo Ardoino, CEO of Tether, emphasized the strategic importance of this initiative, noting that the UAE is rapidly emerging as a significant global economic hub and that the Dirham-pegged token would be a valuable addition to Tether’s offerings, providing users with a secure and efficient means of transacting in AED. The global market for stablecoins is currently valued at approximately $150 billion, with Tether's USDT alone commanding a market cap of over $115 billion. Industry projections suggest that the market could grow to $2.8 trillion by 2028, reflecting the expanding role of stablecoins in the global financial landscape.
--
Tether Announces Development of Dirham-Pegged Stablecoin
--
Latest News
AI Startups Collaborate on Distributed Language Model Development
--
Malaysian Police Uncover Illegal Bitcoin Mining Operation
--
Crypto Fear and Greed Index Drops to Neutral
--
Bank of Japan Governor Signals Continued Interest Rate Hikes
--
Market Consolidation Suggests Potential Upswing, Analysts Say
--
View More
Trending Articles
$SUI UNLOCK ALERT ❗🚀 Big Moves Coming in May! Suspicious T
SatoshiNexus
$XRP Coin Price Prediction 2025 - 2028 🚀🚀🚀 According to
syed ali ahmed
Sam Altman Rolls Out Iris-Scanning Crypto Project World in the US
CryptonewsCom
CAN BITCOIN RETEST 95$k ZONE TO FILL THE UPPER ZONE BEFORE DECLINE ?MY VIEW
Islam_Ambassada
TODAY NEW SIGNAL ABOUT SOLUSDT
FREE SIGNALS ABOUT CRYPTO
View More
Sitemap
Cookie Preferences
Platform T&Cs
