UAE Digital Dirham: The First Live Wholesale CBDC Settlement and What mBridge Means for Business Payments
The UAE Digital Dirham is transforming cross-border payments through the Central Bank of the UAE’s first live wholesale CBDC settlement on the mBridge platform. With family businesses contributing nearly 60% of UAE GDP and DIFC entities managing more than USD 1.2 trillion in assets, this initiative strengthens the UAE’s position as a global leader in digital finance and payment innovation.