#AbuDhabiStablecoin AbuDhabiStablecoin 🇦🇪 Abu Dhabi’s New Dirham-Backed Stablecoin

Three major Abu Dhabi entities—sovereign wealth fund ADQ, conglomerate International Holding Company (IHC), and First Abu Dhabi Bank (FAB)—have announced plans to launch a stablecoin fully regulated by the Central Bank of the United Arab Emirates (CBUAE). This stablecoin will be pegged to the UAE dirham and aims to facilitate digital payments and enhance the nation’s adoption of digital currencies.