#AbuDhabiStablecoin ¡Abu Dhabi launches its first stablecoin backed by the dirham!
The new AE Coin, backed 1:1 with the AED, has received preliminary approval from the Central Bank of the UAE.
Who is behind it?
International Holding Company (IHC)
Abu Dhabi Developmental Holding Company (ADQ)
First Abu Dhabi Bank (FAB)
What does this mean?
Less dependence on the dollar
Greater financial sovereignty
Abu Dhabi positions itself as a global leader in crypto innovation
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