ALBAWABA – Tether, a cryptocurrency stablecoin company, announced on Wednesday its plans to launch a new stablecoin pegged to the United Arab Emirates (UAE) dirham. Stablecoin pegged to UAE's dirham Tether, the company that runs the world's biggest stablecoin pegged to dollar token (USDT) and designed to maintain a value of $1, said this move aims to benefit from the high demand for the Gulf currency and to provide US ...