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Tether to launch dirham-pegged stablecoin on TON

Stablecoin issuer Tether has announced that its United Arab Emirates dirham-pegged stablecoin will be launched on The Open Network (TON) blockchain.

In a press release, Tether said that it would ensure that every dirham-pegged token is “tied to the value of the AED” and will provide stability and confidence to its value.

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