#AbuDhabiStablecoin #AbuDhabiStablecoin Abu Dhabi, ADQ, IHC and the IHC conglomerate, as well as First Abu Dhabi Bank, the largest bank in the UAE by assets, announced plans to launch a new stablecoin backed by the dirham, the official currency of the United Arab Emirates. The companies stated that the stablecoin will be fully regulated by the Central Bank of the UAE. This initiative signifies deeper investments from Gulf countries in the cryptocurrency sector.