Ripple Eyes Dirham-Backed Stablecoin in UAE
Ripple, the company behind the XRP cryptocurrency, might be getting ready to launch a stablecoin pegged to the UAE dirham. This news comes after Ripple published a blog post about the UAE’s new regulations for stablecoins. Ripple’s Interest in UAE Stablecoins Ripple’s blog post highlights the UAE Central Bank’s (CBUAE) new rules that allow both…
