#AbuDhabiStablecoin

🇦🇪 Abu Dhabi Launches Dirham-Backed Stablecoin 🚀

Abu Dhabi is set to launch a dirham-backed stablecoin through a partnership between IHC, ADQ, and FAB, pending approval from the UAE Central Bank. 💰 Issued by FAB and built on the ADI blockchain, the stablecoin aims to modernize payments, enable AI-driven services, and strengthen digital infrastructure. 🌐 It bridges traditional finance with blockchain for secure, regulated digital transactions. 🏦 Other dirham-backed stablecoins include AE Coin—approved for local use in 2024—and DRAM, launched in 2023 for global markets but not yet UAE-approved. 🌍 These efforts position the UAE as a leader in blockchain and digital finance innovation. ✨