Ripple Explores Dirham-Backed Stablecoin In UAE

Ripple Unicorn News - November 09, 2024

Ripple Labs is considering the launch of a dirham-backed stablecoin in the United Arab Emirates, aligning with the UAE Central Bank's new regulatory framework. This move highlights the UAE's ambition to lead in digital asset regulation and Ripple's strategy to expand in the Middle East.

Sources
https://bitcoinist.com/ripple-rumor-dirham-backed-stablecoin-uae/

Outline
(00:00:00) Introduction
(00:00:31) Ripple Considers Dirham-Backed Stablecoin in UAE

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