#AbuDhabiStablecoin In accordance with modern global trends, some financial institutions in the United Arab Emirates intend to.

These include Abu Dhabi Bank, the largest bank in the UAE by assets, as well as the Sovereign Wealth Fund of the Abu Dhabi government and a Global Holding Company, which intend to

issue a new stable currency backed by the dirham.

The three institutions clarified in a joint statement that this stable currency will be fully subject to the rules established by the Central Bank of the United Arab Emirates.