#AbuDhabiStablecoin

UAE's Bold Entry: Abu Dhabi Giants Launch Stablecoin Backed by Dirham

• Abu Dhabi takes a historic step into digital finance as three major government-backed entities — ADQ, FAB, and Presight — announce a UAE-dirham-backed stablecoin initiative.

• The new stablecoin will be issued by Venom Foundation and operated by Blockchain Solutions, marking a powerful alliance between traditional finance and cutting-edge Web3 infrastructure.

• Backed 1:1 by the UAE dirham, this stablecoin aims to enhance cross-border payments, streamline regional trade, and increase trust in digital assets tied to a fiat anchor.

• Abu Dhabi is not just participating in the global digital economy — it’s positioning itself as a pioneer with a sovereign-backed Web3 financial framework.

• This move reflects the UAE’s clear vision: become a global leader in regulated crypto innovation while reinforcing its national currency’s global utility.

• The partnership integrates AI, blockchain, and big data, ensuring the stablecoin is scalable, secure, and ready for institutional use.

• With clear regulatory backing and strong public-private collaboration, this is a watershed moment for MENA’s crypto ecosystem.