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Latest News

Keep up with what's happening in the crypto world in real-time.

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cover-imageBitcoin
August 22, 2024

Tether to Launch UAE Dirham-Pegged Stablecoin

Tether, the major stablecoin issuer, has announced plans to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED). This initiative, in collaboration with the UAE-based Phoenix Group, aims to provide a secure and efficient means of transacting in AED, catering to both businesses and individuals.

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cover-imageCoinPedia
August 21, 2024

Tether Gears Up to Launch AED Pegged Stablecoin – Are You Ready?

Tether, the issuer of biggest stable coin USDT is planning to launch a stablecoin tied to the UAE Dirham. This is a huge step for Tether as they expand their reach into the Middle East, a region that's quickly embracing blockchain technology. Let's understand what they are planning and how it affects the crypto community.

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cover-imageCryptoGlobe
August 21, 2024

Tether Announces Development of UAE Dirham-Pegged Stablecoin

On August 21, Tether, the stablecoin issuer behind USDT, announced plans to introduce a new stablecoin pegged to the United Arab Emirates Dirham (AED). The forthcoming stablecoin, developed in collaboration with UAE-based tech conglomerate Phoenix Group PLC and with support from Green Acorn Investments Ltd, marks the latest addition to Tether's growing portfolio of stablecoins.

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