#AbuDhabiStablecoin Abu Dhabi is taking a big step in crypto. ADQ, First Abu Dhabi Bank (FAB), and International Holding Company (IHC) are teaming up to launch a UAE dirham-backed stablecoin. It will be fully regulated by the UAE Central Bank and run on the ADI blockchain.

Why it matters:

1 Trusted institutions backing it.

2 Fully regulated and compliant.

Boosts digital payments and blockchain adoption in the region

This move puts Abu Dhabi ahead in the global stablecoin race.