UAE Launches First Government Transaction Using Digital Dirham in CBDC Pilot

The United Arab Emirates has successfully executed its first government transaction using the central bank digital currency (CBDC) known as the Digital Dirham. This milestone marks a significant step forward in the country’s efforts to integrate blockchain-based solutions into its financial infrastructure. The UAE is pioneering its CBDC pilot program, with this successful execution demonstrating the platform’s efficiency and paving the way for wider adoption within government and private sectors.