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August 26, 2024

UAE's Phoenix Group invests in Tether's Dirham stablecoin

Tether, a global digital asset company and the issuer of USDT stablecoin announced its plans to launch a new stablecoin pegged to the United Arab Emirates Dirham. The company is set to collaborate with UAE's multi-billion dollar tech conglomerate, Phoenix Group, with the support of Green Acorn Investments.

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