🔥 Tether to launch UAE dirham-pegged stablecoin
Alessandro Giori, Senior Strategic Partnerships Manager at Tether, announced at the TON Gateway event in Dubai the upcoming launch of a dirham-backed stablecoin on the TON blockchain.
✅ To support this initiative, Tether has partnered with UAE-based companies Phoenix Group and Green Acorn Investments.
👉 The new stablecoin will be backed by UAE assets to ensure stability and security.
This initiative underscores Tether's expansion into the Middle Eastern market, aligning with the UAE’s vision to become a global hub for digital assets and blockchain technology.
