UAE Makes First CBDC Payment with Digital Dirham via mBridge System

TLDR UAE successfully completes its first government payment using the Digital Dirham via mBridge platform. The payment was completed in under two minutes, showcasing the efficiency of the Digital Dirham system. The mBridge platform eliminates intermediaries, streamlining government payments for enhanced security. The UAE had previously tested Digital Dirham in international operations, such as the [...]

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