#AbuDhabiStablecoin Abu Dhabi's giant companies - the Abu Dhabi Sovereign Wealth Fund (ADQ), International Holding Company (IHC), and First Abu Dhabi Bank - announced a stablecoin backed by the UAE Dirham, fully regulated, and set to be launched on the ADI blockchain platform under the supervision of the Central Bank of the UAE.
• Instant and low-cost payments: Designed for everyday transactions locally and across borders.
• Next-generation uses: Supports settlements between machines and AI-based services.
• Leadership in financial technology: Places the UAE at the forefront of national stablecoins, providing a regulated alternative to US dollar-linked cryptocurrencies.
A turning point in digital finance and blockchain adoption - choose your position before you venture!