#AbuDhabiStablecoin

Abu Dhabi is launching a dirham-backed stablecoin in partnership with First Abu Dhabi Bank (FAB), International Holding Company (IHC), and ADQ. This initiative, pending final approval by the Central Bank of the UAE (CBUAE), aims to create a 1:1 stablecoin pegged to the UAE dirham, offering price stability and regulatory assurance.