News list for "Dirham"
ADI Foundation Abu Dhabi has announced progress towards its mission of bringing 1 billion into the digital economy by 2030. Founded by Sirius International Holding, the foundation is developing a stablecoin backed by the UAE dirham, which will be regulated by the UAE Central Bank and run on the ADI Foundation blockchain. In addition, the ADI Foundation will establish a platform to help the UAE foster Web3 native and blockchain-ready technology through blockchain fundamentals education and a Web3...
AE Coin, a dirham-pegged stablecoin, has received final approval from the UAE Central Bank. Headquartered in the UAE, AE Coin will soon be available through an appointed agent. The digital currency is fully backed by the UAE's reserves and pegged to the US dollar, ensuring price stability.
