#AbuDhabiStablecoin #AbuDhabiStablecoin Abu Dhabi is actively promoting its ambitions in the field of digital finance with a plan to launch a stablecoin backed by the dirham, fully controlled by the Central Bank of the UAE. This initiative is led by major organizations — the International Holding Company (IHC), the Abu Dhabi Investment Office (ADQ), and First Abu Dhabi Bank (FAB) — and aims to enhance secure and efficient digital transactions across various sectors. The stablecoin will operate on the ADI blockchain, developed by the ADI Foundation, supporting applications such as machine-to-machine payments and management processes using AI. This move aligns with the UAE's strategy to position itself as a global leader in digital finance and blockchain technology.
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