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Tether to Launch Dirham-Pegged Stablecoin on TON Blockchain
- Tether plans to launch a stablecoin tied to the United Arab Emirates dirham.
- The dirham-pegged stablecoin will be built on The Open Network (TON) blockchain.
- Tether aims to create a digital version of the UAE dirham that is fully backed by liquid reserves held in the UAE.
- Working with TON will enable faster and more secure transactions for users.
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