#WORDOFTHEDAY✅ BINANCE WORD OF THE DAY 8 LETTERs 27 APRIL C | Crypto With Syed on Binance Square

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#AbuDhabiStablecoin The stablecoin is a collaborative initiative by Abu Dhabi's sovereign wealth fund ADQ, conglomerate International Holding Company (IHC), and First Abu Dhabi Bank (FAB), the UAE's largest bank.

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#AbuDhabiStablecoin Abu Dhabi is set to launch a new dirham-backed stablecoin, marking a significant step in the UAE's digital finance landscape. ([Abu Dhabi launches new Dirham-backed stablecoin project, backed by major institutions](https://crypto.news/abu-dhabi-launches-new-dirham-backed-stablecoin-project-backed-by-major-institutions/?utm_source=chatgpt.com)) 1. The stablecoin is a collaborative initiative by Abu Dhabi's sovereign wealth fund ADQ, conglomerate International Holding Company (IHC), and First Abu Dhabi Bank (FAB), the UAE's largest bank. ([Abu Dhabi Entities Announce Plans for Dirham-Backed Stablecoin](https://www.binance.com/en-AE/square/post/23535627596913?utm_source=chatgpt.com)) 2. Fully regulated by the UAE Central Bank, this digital currency aims to enhance payment solutions and bolster the nation's digital infrastructure. ([Abu Dhabi launches new Dirham-backed stablecoin project, backed by major institutions](https://crypto.news/abu-dhabi-launches-new-dirham-backed-stablecoin-project-backed-by-major-institutions/?utm_source=chatgpt.com)) 3. Operating on the ADI blockchain developed by the ADI Foundation, the stablecoin is designed to facilitate secure and efficient transactions for consumers, businesses, and institutions. ([IHC, ADQ and FAB pioneer UAE Dirham-backed Stablecoin for ...](https://www.tahawultech.com/home-slide/ihc-adq-and-fab-pioneer-uae-dirham-backed-stablecoin-for-digital-economy/?utm_source=chatgpt.com)) 4. Beyond traditional payments, the stablecoin is expected to support emerging applications, including machine-to-machine transactions and AI-driven processes. ([Abu Dhabi launches new Dirham-backed stablecoin project, backed by major institutions](https://crypto.news/abu-dhabi-launches-new-dirham-backed-stablecoin-project-backed-by-major-institutions/?utm_source=chatgpt.com)) 5. This initiative aligns with the UAE's broader strategy to position itself as a global hub for digital assets and blockchain innovation. ([Crypto exchange Binance gets $2 bln investment from Abu Dhabi's MGX](https://www.reuters.com

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#ArizonaBTCReserve ArizonaBTCReserve is a digital asset management firm based in Arizona. It focuses on acquiring, storing, and securing Bitcoin for long-term investment. The company promotes decentralized finance and Bitcoin adoption in the Southwest U.S. ArizonaBTCReserve offers custodial solutions with multi-signature security protocols. It caters to both institutional investors and high-net-worth individuals. The firm emphasizes regulatory compliance and transparency. It publishes periodic reports on its Bitcoin holdings and reserve strategies. ArizonaBTCReserve advocates for sound money principles and financial sovereignty. It also engages in local education initiatives about blockchain technology. The company positions itself as a trusted Bitcoin reserve entity in the American crypto landscape.

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#xrp $XRP **Holding Over 10,000 XRP Is Extremely Rare Today, Notes Alpha Lion Academy Founder** A well-known XRP community figure and founder of Alpha Lion Academy has highlighted that it is now extremely uncommon for investors to hold 10,000 XRP, suggesting a prime opportunity for accumulation. Since its debut more than a year ago, XRP has remained a significant player in the crypto space, drawing millions of investors. The total number of XRP wallets has now reached 6.42 million, with over 610,000 new addresses added this year alone. Despite the growing number of wallets, most do not hold large amounts of XRP. Edoardo Farina, CEO of Alpha Lion Academy, recently emphasized this fact, pointing out an opportunity for those looking to strengthen their market position. According to Farina, it is "extremely rare" for investors to possess over 10,000 XRP. On-chain data supports this assertion: figures from the community-curated Rich List reveal that only 300,119 wallets—about 4.67%—hold 10,000 XRP or more. --- Would you also like a slightly shorter or more formal version depending on where you plan to use it?

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