Sonic Labs ditch algorithmic USD stablecoin for UAE dirham alternative

[ad_1] Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative. On March 22, Sonic Labs co-founder Andre Cronje said... Read more »

UAE plans to launch digital dirham this year to boost financial inclusion and fight crime

[ad_1] The Central Bank of the United Arab Emirates (CBUAE) said its Digital Dirham would launch for retail use in the final quarter of 2025. According to a March 27 statement, the... Read more »