#AbuDhabiStablecoin

AbuDhabi 's First Official Crypto About to Launch 🎯

Abu Dhabi is launching a dirham-backed stablecoin, a digital currency pegged to the UAE dirham, through a collaboration between ADQ, International Holding Company, and First Abu Dhabi Bank. The stablecoin will operate on the ADI blockchain and be regulated by the Central Bank of the UAE, providing a trusted means of payment for citizens, businesses, and institutions. This initiative aims to:

Enhance Digital Transactions: Strengthen the UAE's digital infrastructure and advance its digital economy.