Moroccan Dirham on U.CASH

The Moroccan dirham is the currency of 37 million people at the gateway between Europe and West Africa, managed in a band against a euro-heavy basket. Cross-border it settles by SWIFT with cards on both processors.

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Rails settle it at checkout; pegged tokens settle it on-chain. Both live on the same non-custodial U.CASH checkout.

Moroccan Dirham at a glance

Code

MAD

Symbol

Local rail

None in the set

Pegged tokens

Rails that settle MAD

Dirham checkouts can offer SWIFT for bank transfers and cards through your own Stripe or Verifone account.

SWIFT

International. Manual rail, no processor account.

The SWIFT rail →

Stripe

Worldwide. Card processing via your own account.

The Stripe rail →

Verifone (2Checkout)

Worldwide. Card processing via your own account.

The Verifone (2Checkout) rail →

Pegged tokens on U.CASH

No dirham stablecoin trades on U.CASH today. On-chain settlement runs through the dollar stablecoins at the checkout's FX rate.

No MAD-pegged token trades on U.CASH today. Card rails and the crypto assets cover checkout settlement.

Where it settles

Countries served by the Moroccan Dirham rails on U.CASH.

Morocco

Moroccan Dirham: FAQ

Can I accept Moroccan dirham payments?

Yes: SWIFT delivers dirhams to a Moroccan account, and cards clear MAD through both processors.

How is the dirham managed?

The central bank holds it in a band against a basket weighted to the euro, reflecting Morocco's trade with Europe; FX planning against both majors is steadier than a pure float.

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MAD, rails and chains

Bank rails for the checkout, pegged tokens for on-chain settlement, one non-custodial platform.

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