#AbuDhabiStablecoin

Abu Dhabi Launches Dirham-Backed Stablecoin!

Abu Dhabi is making bold moves in the digital finance space! A new dirham-pegged stablecoin is set to launch, backed by three major players: International Holding Company (IHC), ADQ, and First Abu Dhabi Bank (FAB).

Key Details:

Fully regulated by the UAE Central Bank

Built on the ADI blockchain, offering secure and scalable infrastructure

Designed to support AI and machine-to-machine transactions

Aims to boost digital payments and blockchain innovation in the region

This initiative puts the UAE at the forefront of fintech innovation and sets a strong foundation for the future of digital currency in the Middle East.