Dirhambacked

Swiss-based firm launches Dirham-backed stablecoin to enable seamless cross-border value transfer.

Swiss-based blockchain firm DTR launches Dirham-backed stablecoin Swiss-based blockchain firm Distributed Technologies Resources (DTR) has announced the launch of a new stablecoin called DRAM. The token, which is backed by the United Arab Emirates (UAE) national currency Dirham, was officially launched on October 3, 2023. According to Akshay Naheta, the…