Digital Dirham
PilotUnited Arab Emirates
Central Bank(s)
United Arab Emirates Central Bank
Announcement Year
2019
Status
Pilot
Retail/Wholesale
Wholesale
DLT / non-DLT
DLT
It is anticipated that the Digital Dirham as a blockchain based platform with cutting edge capabilities shall substantially enhance financial stability, inclusion, resilience, and combatting financial crime. It will further enable the development of innovative digital products, services, and new business models, while reducing cost and increasing access to international markets.
Link to announcement
Last update: November 2025
November 2025
Retail/Wholesale: Retail, Wholesale → Wholesale
Link to announcement: mediaoffice.ae
Proof of concept → Pilot
Link to announcement: www.centralbank.ae
October 2025
Link to announcement: www.tcmb.gov.tr
July 2025
DLT / non-DLT: DLT
Link to announcement: centralbank.aecentralbank.ae
March 2025
None → Proof of concept
Announcement Year: 2019
Retail/Wholesale: Retail, Wholesale
Main motivation/goals of the CBDC: It is anticipated that the Digital Dirham as a blockchain based platform with cutting edge capabilities shall substantially enhance financial stability, inclusion, resilience, and combatting financial crime. It will further enable the development of innovative digital products, services, and new business models, while reducing cost and increasing access to international markets.
Link to announcement: www.centralbank.ae
Country / Region: United Arab Emirates
Central Bank(s): United Arab Emirates Central Bank
No recent news found for this currency.