#AbuDhabiStablecoin Three major Abu Dhabi entities are joining forces to launch a new stablecoin called "Dirham," backed by the UAE’s official currency. This digital currency will be pegged 1:1 to the UAE dirham and regulated by the UAE Central Bank to ensure compliance, stability, and security. The initiative aims to modernize the nation's financial infrastructure by enabling faster, more secure digital transactions for both consumers and businesses. By integrating blockchain-based technology with state oversight, the Dirham stablecoin seeks to boost financial innovation while maintaining trust. This collaboration reflects the UAE’s growing commitment to embracing digital finance and strengthening its position as a global fintech hub. The stablecoin is expected to play a key role in the country’s transition to a digital economy.