#AbuDhabiStablecoin

Following the recent announcement, Abu Dhabi is poised to launch a dirham-pegged stablecoin, a collaborative effort between key entities including Abu Dhabi's sovereign wealth fund ADQ, First Abu Dhabi Bank (FAB), and the International Holding Company (IHC). This stablecoin, fully regulated by the Central Bank of the UAE and operating on the ADI blockchain, aims to revolutionize digital transactions for consumers, businesses, and institutions both domestically and internationally, while also supporting emerging technologies like AI-driven machine-to-machine payments, positioning the UAE as a leader in blockchain innovation and strengthening its digital financial infrastructure. #AbuDhabiStablecoin