Odaily Planet Daily reported that stablecoin issuer Tether announced it will launch a stablecoin pegged to the UAE Dirham on the TON blockchain! 🎉 Tether's Senior Strategic Partnership Manager Alessandro Giori stated that in August of this year, Tether partnered with UAE's Phoenix Group and Green Acorn Investments to launch a stablecoin backed by the Dirham. It is worth mentioning that the TON blockchain has become one of the fastest blockchains to reach 1 billion USDT since its launch. 🚀 This initiative will further promote the application and development of blockchain technology in the global financial market.