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Tether’s New Stablecoin: Pegged to UAE Dirham

Coinedition LogoCoinedition12h ago

Tether’s New Stablecoin: Pegged to UAE Dirham - Coinedition

Quick Summary:

Tether, the issuer of the world’s largest stablecoin, USDT, is set to launch a new stablecoin pegged to the United Arab Emirates Dirham (AED).

This initiative is a collaboration with UAE tech conglomerate Phoenix Group PLC and Green Acorn Investments Ltd.

The new Dirham-pegged token will join Tether’s existing lineup of stablecoins, including USDt, EURt, […]


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Article Details

Author / Journalist: Coin Edition

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-21 @ 13:22:34 (12 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 130 words

Reading Time: 1 minutes read

Sentences: 45 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 22195685

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About Coinedition

Coinedition Logo

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 19 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

Publisher Details

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The story "Tether’s New Stablecoin: Pegged to UAE Dirham" has 130 words across 45 sentences, which will take approximately 1 - 2 minutes for the average person to read.

Which news outlet covered this story?

The story "Tether’s New Stablecoin: Pegged to UAE Dirham" was covered 12 hours ago by Coinedition, a news publisher based in India.

How trustworthy is 'Coinedition' news outlet?

Coinedition is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 19 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #22195685
  • URL: https://beamstart.com/news/tethers-new-stablecoin-pegged-to-17242489457620

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