Dubai-based financial technology (fintech) company, DirhamX, has listed its DRAM stablecoin on the popular decentralized exchange (DEX) platforms, Uniswap and PancakeSwap. The DRAM stablecoin is pegged to the US dollar and is inspired by the UAE’s original currency, the dirham. DRAM users can get the best rates for their dollar-denominated DRAM, as Uniswap and PancakeSwap are decentralized exchanges, which means that users can buy and sell assets without relying on a third-party service.
DirhamX is aiming to let users access fintech services from around the world, and by listing DRAM on Uniswap and PancakeSwap, DirhamX hopes to make DRAM more accessible to a wider audience. DRAM provides users with an easy way to store and transfer value quickly, safely and efficiently. It is available online, and users will be able to receive, store, and send DRAM without the need for a trusted third-party or middleman.
The listing of DRAM on Uniswap and PancakeSwap is a significant milestone for the fintech company, as it will allow users to access DRAM 24/7 from anywhere in the world. With the increased accessibility of DRAM, DirhamX is hoping that it will be able to provide its users with an easy and convenient way to access a stable digital currency.