#AbuDhabiStablecoin The Abu Dhabi stablecoin initiative is an interesting development in the world of digital currencies. Here is 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.