استمتع بـUnlimited مع Magzter GOLD
احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل
يحاول ذهب - حر
Ex-SoftBank executive sets up stablecoin to dodge inflation
October 03, 2023
|Mint Mumbai
Akshay Naheta, a former SoftBank Group Corp. executive who steered some of the firm's biggest deals, is launching a new company in Abu Dhabi focusing on stablecoin technology.
-
The 42-year-old financier has set up DTR within the emirate's international financial free zone and will partner on the project with Hong Kong-based DRAM Trust, which has ties to several high-net-worth individuals. They're looking to capitalize on a stablecoin market that analysts at Bernstein estimate will grow more than 20-fold to $2.8 trillion in five years.
Unlike most coins in the market that are tied to the US dollar, DRAM coins will be backed by the United Arab Emirates dirham. The currency's peg to the greenback offers greater stability for individuals in high-inflation countries from Turkey to Egypt and Pakistan, while also providing an alternative to the SWIFT system.
هذه القصة من طبعة October 03, 2023 من Mint Mumbai.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Mint Mumbai
Mint Mumbai
Chip crunch hits laptops, budget smartphones
Prices of budget smartphones and laptops in India have risen by almost 10% and a further increase may be on the anvil next year.
2 mins
November 22, 2025
Mint Mumbai
Space startup Agnikul raises ₹150 crore
Aerospace startup Agnikul has raised ₹150 crore in a Series C round, two people familiar with the matter told Mint, after its earlier plan to raise up to $50 million failed to draw sufficient investor interest.
1 mins
November 22, 2025
Mint Mumbai
It's a new day for labour
Four consolidated codes advance equal pay for women, gig worker protection, gratuity after a year, health checks
5 mins
November 22, 2025
Mint Mumbai
Global giants press for PLIs on aerospace components
Airbus, Boeing, Pratt & Whitney seek production-linked incentives like the one for drones
3 mins
November 22, 2025
Mint Mumbai
Digital gold stumbles, ETFs sniff opportunity
Fund houses are promoting gold ETFs as secure, regulated, transparent
2 mins
November 22, 2025
Mint Mumbai
When the music played
For all the years it was central to entertainment and information, the television was called \"the idiot box\", and a good vs bad debate continues to swirl around it long after many have cut cable and switched to streaming.
1 mins
November 22, 2025
Mint Mumbai
Gratuity and benefits to soar for millions of employees
The government on Friday implemented four new labour codes, marking the biggest overhaul of workers’ laws in decades.
2 mins
November 22, 2025
Mint Mumbai
Rising stars of mixed-doubles table tennis
Diya Chitale and Manush Shah are the first Indians to qualify for the WTT Finals
4 mins
November 22, 2025
Mint Mumbai
THE AGE OF MT
In the 1990s and 2000s, MTV changed Indian pop forever through innovative programming and VJs who gained their own fandom. When did it stop experimenting?
7 mins
November 22, 2025
Mint Mumbai
Behind strong Q2 show, a shallow recovery
India Inc’s September-quarter print was shaped by small- and mid-cap outperformance, and sector-specific boosts for oil marketing companies, cement and consumption niches rather than a broad-based demand upturn.
3 mins
November 22, 2025
Translate
Change font size