#AbuDhabiStablecoin UAE launches a dirham-based stablecoin: a fintech leap with an eye on global leadership.

Abu Dhabi is actively paving its way to status as a global fintech powerhouse. Three heavyweights from the UAE - International Holding Company (IHC), ADQ, and First Abu Dhabi Bank (FAB) - have joined forces to present a new stablecoin backed by the national currency - the dirham.