🇦🇪 #AbuDhabiStablecoin UAE’s Digital Currency Leap
Three Abu Dhabi financial giants—ADQ, FAB, and IHC—are joining forces to launch a dirham-backed stablecoin, pending approval from the Central Bank of the UAE.
The new stablecoin will be pegged 1:1 to the UAE dirham (AED) and run on the ADI blockchain, offering faster, more secure transactions.
The project supports the UAE’s ambition to be a global leader in digital assets and blockchain innovation.
Key Highlights:
Fully regulated by the UAE Central Bank
Pegged to AED, built for institutional-grade use
Aims to upgrade local payment systems
Stay tuned as Abu Dhabi pushes the frontier of digital finance.