Tether to Launch Dirham-Pegged Stablecoin in Partnership with UAE’s Phoenix Group
The biggest stablecoin issuer Tether has announced plans to launch a new stablecoin tied to the United Arab Emirates’s dirham (AED). In a press release, on August 21, Tether announced that this new stablecoin will be launched in partnership with UAE-based Phoenix Group and Green Acorn Investments. The collaboration is ...