DDSC and Network International have launched an in-store payment pilot in the United Arab Emirates, marking the first trial of its kind for a central bank-licensed dirham stablecoin in the country. The program allows customers to pay with the DDSC stablecoin at selected retail stores using existing point-of-sale terminals. According to the source, DDSC is licensed by the Central Bank of the UAE and is pegged to the UAE dirham. The pilot is designed to test how stablecoins can be used in everyday retail payments rather than in purely on-chain or trading scenarios. The rollout focuses on physical merchant locations and existing payment hardware, putting the stablecoin into a conventional checkout environment.
DDSC and Network International have kicked off an in-store payment pilot in the United Arab Emirates, letting shoppers pay with the DDSC stablecoin at selected retail stores through existing point-of-sale terminals.
According to Crypto.news, the stablecoin has a license from the Central Bank of the UAE and is pegged to the UAE dirham. The pilot is meant to test how stablecoins can work in everyday retail payments.
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