Tether announces the signing of a Memorandum of Understanding (MoU) with Dubai Multi Commodities Centre (DMCC), with both parties exploring cooperation in areas such as asset tokenization, digital asset education, and blockchain applications. According to the agreement, Tether will provide blockchain training, consulting services, digital asset pilot projects, and tokenization support for DMCC's affiliated companies, and explore digital payment and peer-to-peer communication solutions. DMCC currently has over 26k registered companies, accounting for about 15% of Dubai's foreign direct investment (FDI).

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • 1
  • Share
Comment
Add a comment
Add a comment
DaoScraps
· 2h ago
Middle East deployment +1, the reach of USDT is extending further and further.
View OriginalReply0
NfaKitchen
· 3h ago
Training + consulting + pilot, this MoU is quite solid, not just a nominal agreement.
View OriginalReply0
BetweenBidAndAsk
· 3h ago
15% of FDI share, Dubai is really paying attention to this area.
View OriginalReply0
NightAuditBuddy
· 3h ago
If those 26k companies in DMCC actually start using Tether's payment solution, Dubai might become the crypto settlement hub.
View OriginalReply0
  • Pinned