16 June 2026 – Tether, the largest company in the digital asset industry, has signed a Memorandum of Understanding (MoU) with the Dubai Multi Commodities Centre (DMCC), an international business district that drives the flow of global trade through Dubai. The MoU aims to explore Tether’s potential to support DMCC in areas such as tokenization, digital asset education, and broader blockchain applications.
Headquartered in Dubai, DMCC is one of the leading global business hubs and an international centre for trade and innovation. With more than 26,000 companies, DMCC accounts for 15% of Dubai’s foreign direct investment. It aims to facilitate trade flows and attract investment by delivering infrastructure and support services that help its members grow.
This MoU underscores Tether’s commitment to technological advancement, innovation, education, and the responsible use of digital assets. Through this memorandum, Tether will explore opportunities to support the DMCC network of companies with specialized workshops, tailored blockchain advisory sessions, pilot programs for digital asset use, and broader tokenization initiatives. It will also explore ways to improve the experience of DMCC’s community members through peer-to-peer digital communication and payment systems while strengthening the infrastructure needed to support resilient, reliable solutions.
“The UAE is actively shaping how digital asset infrastructure is used across global markets and integrated into real economic activity,” said Paolo Ardoino, CEO of Tether. “Through our collaboration with DMCC, we aim to accelerate the practical use of blockchain technology in areas such as tokenization and education. Our goal is to support the development of real-world applications, tools, and frameworks that expand participation in digital markets.”
Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer of DMCC, said: “Global trade is entering a new era where financial infrastructure, payments, and asset ownership are increasingly moving onto digital rails. Stablecoins are already processing trillions of dollars in transaction value, while tokenization is beginning to reshape how real-world assets are financed and transferred across borders. Dubai has acted early to establish the regulatory clarity and infrastructure needed to support this shift, and DMCC is playing a central role in connecting these technologies with global commerce. Through our memorandum with Tether, we aim to explore new avenues for potential collaboration across blockchain infrastructure, digital payments, and tokenization, marking a further step in scaling innovation and strengthening Dubai’s position at the centre of the global digital economy.”
As part of its mission to drive digital asset education, Tether aims to support knowledge sharing, innovation, and engagement within the DMCC Crypto Centre through advisory support. Both parties will also explore potential participation in co-organized events and support for educational initiatives and hackathons to enhance visibility and market exposure. By working with government agencies worldwide, Tether is helping to accelerate blockchain education, drive responsible innovation, and build the foundation for broader use of digital assets.
