Tether Signs MoU With UAE RAK DAO For Stablecoin Adoption

Tether Operations Limited, the company behind USDT digital currency, has inked a Memorandum of Understanding (MoU) with RAK Digital Assets Oasis (RAK DAO) in Ras Al Khaimah (RAK) UAE. This collaboration aims to promote Bitcoin and stablecoin adoption through crypto payment facilitation and blockchain education initiatives. RAK DAO, attracting over 100 businesses, seeks to position itself as a global blockchain innovation hub.

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