#AbuDhabiStablecoin Abu Dhabi introduces a dirham-backed stablecoin! #AbuDhabiStablecoin

Three significant institutions in Abu Dhabi – ADQ, First Abu Dhabi Bank (FAB), and International Holding Company (IHC) – have joined forces to create a new stablecoin pegged to the dirham. This stablecoin, regulated by the UAE central bank, will operate on the ADI blockchain and aims to simplify digital payments while strengthening the UAE's position as a leader in blockchain innovations. The project supports transactions between machines and artificial intelligence, which could open new possibilities in digital finance. What impact will this move have on the global stablecoin market? We will see in the coming months!