[Former SoftBank executive joins forces with DRAM Trust to launch DRAM-backed stablecoin] Golden Finance reports that former SoftBank executive Akshay Naheta has joined forces with DRAM Trust to launch a new stablecoin, DRAM, backed by the UAE dirham. DRAM is designed to provide greater stability to individuals in high-inflation countries such as Turkey, Egypt and Pakistan. DRAM will be available on decentralized exchanges such as Uniswap, Sushiswap and Pancakeswap. Naheta said the team also intends to work with centralized exchanges in the future.