DMCC and Tether Sign MoU to Advance Blockchain, Tokenisation and Digital Asset Ecosystem in Dubai
The memorandum outlines a framework for collaboration to accelerate Tether’s support for blockchain-based communication and payment infrastructure within DMCC, as well as advisory engagement related to tokenisation, crypto payments, blockchain applications, and digital asset settlements.
DMCC, the leading international business district that drives the flow of global trade through Dubai, has signed a strategic Memorandum of Understanding (MoU) with Tether, the largest company in the digital asset industry, to potentially deepen collaboration across blockchain infrastructure, digital assets and tokenised finance.
The memorandum outlines a framework for collaboration to accelerate Tether’s support for blockchain-based communication and payment infrastructure within DMCC, as well as advisory engagement related to tokenisation, crypto payments, blockchain applications, and digital asset settlements. The MoU establishes a defined pathway for both parties to become official ecosystem partners across relevant communication channels, websites, events, and publications.
Under the framework, both organisations aim to collaborate on educational programmes, industry events, hackathons, and broader ecosystem engagement to support the continued growth of Dubai’s digital asset sector and the development initiatives associated with the DMCC Crypto Centre. Tether intends to engage with DMCC’s community of more than 26,000 member companies through knowledge-sharing initiatives and potential member benefits.
“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 tokenisation 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 agreement with Tether, we will explore new avenues for collaboration across blockchain infrastructure, digital payments and tokenisation, marking a further step in scaling innovation and strengthening Dubai’s position at the centre of the global digital economy.”
– Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC
“The UAE is actively shaping how digital asset infrastructure is adopted across global markets and integrated into real economic activity. By combining our expertise with DMCC’s mission, we are focused on accelerating the practical use of blockchain technology across areas such as tokenization and education, and supporting the development of real-world applications, tools, and frameworks that enable broader participation in digital markets.”
– Paolo Ardoino, CEO, Tether
DMCC continues to strengthen its position as one of the leading ecosystems for Web3 and emerging technologies. Today, DMCC is home to over 26,000 member companies, including more than 4,000 technology firms. This reflects DMCC’s broader strategy to position Dubai as a leading global hub where commodities, capital and technologies converge. Through its specialised ecosystems spanning global commodities, technology and finance, DMCC continues to build the infrastructure and commercial connectivity required to support the future of international trade.
