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.  The launch of a Dirham-pegged stablecoin in […] source: https://www.cryptopolitan.com/uae-phoenix-group-invests-in-aed-tether/