#AbuDhabiStablecoin

Abu Dhabi launches a stable digital currency backed by the dirham 🇦🇪

💥🎉 The International Holding Company and ADQ, along with First Abu Dhabi Bank, announced joint plans to launch a new stable digital currency backed by the Emirati dirham, fully subject to the supervision and regulation of the Central Bank of the United Arab Emirates. The new currency is set to be issued by First Abu Dhabi Bank after obtaining the necessary regulatory approvals.