#AbuDhabiStablecoin Abu Dhabi is making waves in the digital finance world with the announcement of a new Dirham-backed stablecoin. Spearheaded by International Holding Company (IHC), Abu Dhabi Developmental Holding Company (ADQ), and First Abu Dhabi Bank (FAB), this initiative aims to enhance secure and efficient payments both domestically and internationally. The stablecoin will be fully regulated by the Central Bank of the UAE and issued by FAB, aligning with the nation's vision to become a global fintech leader. This move not only strengthens the UAE's position in the digital currency space but also offers a stable alternative to US dollar-backed stablecoins.