#AbuDhabiStablecoin Abu Dhabi is advancing its position in the digital finance sector with the planned launch of a new dirham-backed stablecoin, developed collaboratively by three major institutions:

First Abu Dhabi Bank (FAB): The UAE's largest bank, which will issue the stablecoin.

ADQ: A sovereign wealth fund focused on infrastructure and economic diversification.

International Holding Company (IHC):