#AbuDhabiStablecoin

Arizona's Strategic Reserve Bitcoin Law, which allows the Treasury Department and state pension funds to allocate up to 10% of available funds to Bitcoin and other digital assets. If enacted, Arizona will become the first U.S. state to legally invest its public funds in Bitcoin.

💬 What do you think about states owning Bitcoin? Does this set a precedent to be followed? Share your opinion!

#AbuDhabi_Stablecoin

ADQ, IHC, and First Abu Dhabi Bank are launching a stablecoin backed by the UAE dirham in Abu Dhabi, fully regulated by the Central Bank of the UAE. This step is part of a strategy