AbuDhabiStablecoin Abu Dhabi's stablecoin initiative is an interesting development in the world of digital currencies. Here's what we know so far:
What is a stablecoin?
A stablecoin is a type of cryptocurrency designed to maintain a stable value relative to a fiat currency, such as the US dollar. This stability is achieved through various mechanisms, including collateralization, algorithmic adjustments, or a combination of both.