#AbuDhabiStablecoin Three major organizations in Abu Dhabi are collaborating to launch a new digital stablecoin, called Dirham, backed by the UAE’s national currency. The project will be supervised by the UAE Central Bank to ensure compliance, security, and regulatory standards. This stablecoin aims to modernize the country’s financial system by offering a faster, more efficient digital payment method for both consumers and businesses. By linking the stablecoin directly to the dirham, it maintains price stability while introducing the benefits of blockchain-based transactions. This move aligns with the UAE’s broader digital transformation goals and reinforces its position as a regional leader in financial innovation. The Dirham stablecoin is expected to drive greater adoption of digital currencies across the nation.