Abu Dhabi is actively laying out its plan in the stablecoin sector, relying on the relaxed regulations and mature infrastructure of its financial free zone (ADGM) to compete with Dubai's crypto hub. Local institutions have launched stablecoins pegged to the UAE Dirham (AED), such as DRAM, aimed at enhancing cross-border payment efficiency and the integration of traditional finance with DeFi. As a crypto hub in the Middle East, Abu Dhabi attracts institutions to issue compliant stablecoins through a clear licensing system (such as FSRA regulation), but must balance innovation with risk control, especially facing challenges in anti-money laundering (AML) and reliance on the dollar system.