#AbuDhabiStablecoin
Abu Dhabi is launching a dirham-backed stablecoin, developed in partnership with three major UAE institutions: International Holding Company (IHC), Abu Dhabi Developmental Holding Company (ADQ), and First Abu Dhabi Bank (FAB). Designed for fast secure and low cost transactions this innovative aims to boost Cross border trade remittance and blockchain adoption in the region. The development of stablecoins in Abu Dhabi reflects the growing interest in digital assets
