#AbuDhabiStablecoin Dhabi entities—sovereign wealth fund ADQ, conglomerate International Holding Company (IHC), and #First Abu Dhabi Bank (FAB)—have announced plans to launch a stablecoin fully regulated by the Central Bank of the United Arab Emirates (CBUAE).

#This stablecoin will be pegged to the UAE dirham and aims to facilitate digital payments and enhance the nation’s adoption of digital currencies.😘