UAE Central Bank Completes First Cross-Border Digital Dirham Transfer Using mBridge CBDC Platform
1 year ago
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The Central Bank of the United Arab Emirates (UAE) achieved a significant milestone by conducting its inaugural cross-border digital dirham transfer using the mBridge central bank digital currency (CBDC) platform on January 29. The transaction involved the transfer of 50 million digital dirhams (equivalent to $13.6 million) to China. It was executed by Sheikh Mansour, the Chairman […]
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