Alice
@crypalice
The asset is planned to be launched in partnership with local technology conglomerate Phoenix Group, backed by Green Acorn Investments. According to the statement, the product will complement the issuer's lineup of "stable coins," which includes the US dollar-based flagship USDT, as well as EURT (euro), CNHT (Chinese yuan), MXNT (Mexican peso), XAUT and aUSDT (both pegged to gold). The upcoming stablecoin will act as a "digital representation of the dirham", fully backed by liquid reserves
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