Abstract

DRAM, a new digital stablecoin, is the acronym for ‘Dynamic Random-Access Money’. DRAMs are minted with parity to US$1, fully backed by an actual deposit of AED 3.6725 per coin. The DRAM coin holder is afforded the ability to store wealth in a stable, US dollar-linked, market-tradeable stablecoin. We believe DRAMs are the gateway to a balanced, equitable and decentralized financial ecosystem that is accessible to everyone globally.