Dubai start-up launches dirham-based stablecoin DRAM

  • Date: 03-Oct-2023
  • Source: Arabian Post
  • Sector:Technology
  • Country:UAE
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Dubai start-up launches dirham-based stablecoin DRAM

Arabian Post Staff Dubai based DeFi startup DTR has launched UAE dirham-backed stablecoin, DRAM. Stablecoins have been one of the most pivotal use cases for digital assets. Traditionally, the stablecoin landscape has been dominated by US dollar-backed stablecoins such as USDT, USDC, and the recently introduced PYUSD. To gauge their popularity, one only needs to look at the numbers i.e., the total market cap of stablecoins hovers […]

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