#AbuDhabiStablecoin

This is a new project aimed at launching a stablecoin backed by the UAE dirham, led by three main institutions in Abu Dhabi: **ADQ Sovereign Wealth Fund**, **First Abu Dhabi Bank (FAB)**, and **International Holding Company (IHC)**. The currency will be regulated by the **Central Bank of the UAE**, and will operate on the locally developed **ADI Blockchain**.

Project Goals:

- Enhance Digital Infrastructure: Provide a reliable and secure payment method for citizens and businesses.

- Support the Digital Economy: Facilitate daily and emerging digital transactions.

- Innovate in Financial Technology: Open new horizons for the use of artificial intelligence and the Internet of Things.

Expected Impact:

- Enhance the UAE's Position: The project reflects the UAE's strategy to become a global hub for digital assets.

- **Support Various Sectors**: From trade to finance, many industries will benefit from this stablecoin.

Do you think this project will change the landscape of digital currencies in the region? 🚀