#AbuDhabiStablecoin Stablecoin Dhabi: New Digital Dirham

Big names in Abu Dhabi — ADQ (a large investment company), International Holding Company (IHC), and First Abu Dhabi Bank (FAB) — are collaborating to launch a new digital coin. This coin will be pegged to the UAE dirham and will be fully approved by the Central Bank of the UAE (CBUAE). The aim is to facilitate digital payments and help more people use digital money in the UAE.