#AbuDhabiStablecoin UAE Central Bank Approves Dirham-Backed Stablecoin—What’s Next?

The UAE is making crypto history. Backed by top institutions like IHC and FAB, a fully regulated dirham stablecoin is now in motion.

This is part of a national mission to accelerate digital asset adoption in the region.

My view:

This gives the Middle East a first-mover advantage in compliant DeFi. Expect this to attract global crypto firms and fintech innovators into the Gulf.