---
title: "Tether plans to launch dirham stablecoin with UAE partners"
url: https://diffcoin.com/tether-plans-to-launch-dirham-stablecoin-with-uae-partners/
description: "Tether teams up with UAE's Phoenix Group PLC and Green Acorn Investments to launch a Dirham-backed stablecoin, enhancing international trade and…"
published: 2024-08-21
updated: 2024-08-21
author: "Mila"
site: "Diffcoin"
---

# Tether plans to launch dirham stablecoin with UAE partners

Tether teams up with UAE’s Phoenix Group PLC and Green Acorn Investments to launch a Dirham-backed stablecoin, enhancing international trade and remittances.

[Source link](https://cointelegraph.com/news/tether-aed-stablecoin-uae-partners-launch?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)