Digital Dirham cbdc
Overview
The Central Bank of the UAE (CBUAE) issues the Digital Dirham, the country's central bank digital currency. Its CBDC strategy was announced in March 2023, developed with G42 Cloud and R3, encompassing wholesale and retail variants. The stated objectives cover domestic peer-to-peer and point-of-sale transactions, plus cross-border settlement of real-value payments for international trade, involving collaboration with Saudi Arabia, India and China and engagement with the mBridge project. CBUAE has indicated a retail launch will commence in 2026.
Within The Counterparty graph, Digital Dirham connects to 1 tracked entity, most strongly to Central Bank of the UAE.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
developing | Central Bank of the UAE | 85% |
Frequently asked questions
What is Digital Dirham?
Digital Dirham is a cbdc tracked in The Counterparty knowledge graph. It is connected to 1 other tracked entity, most strongly to Central Bank of the UAE.
What type of entity is Digital Dirham?
Digital Dirham is classified as a cbdc (cbdc) in The Counterparty knowledge graph.
What is Digital Dirham connected to?
In The Counterparty knowledge graph, Digital Dirham is linked to 1 other tracked entity, most strongly to Central Bank of the UAE.
Sources
Facts in this record were checked against the following. Where a claim is not covered here, the record states only what the graph holds.