#XRP Ripple published an article titled: "Regulation of Stablecoins in the UAE: A Financial Innovation Plan"
It is projected that over the next five years, stablecoins will reach $3 trillion, driving a new era of digital finance. The UAE's forward-looking regulations for dirham and global stablecoins strengthen its role as a leader in the digital economy.
The media immediately reported that Ripple would issue a stablecoin pegged to the dirham. Well, why not? The company is well-established in the country and the region as a whole. @Peraspera ad astra