#阿布扎比稳定币 Abu Dhabi has seen several important developments in the stablecoin sector recently, here are the details:

1. Dirham Stablecoin Project:

Abu Dhabi Sovereign Wealth Fund ADQ, International Holding Company IHC, and First Abu Dhabi Bank FAB announced plans to launch a new stablecoin backed by the UAE Dirham. This project aims to place the UAE at the forefront of global blockchain innovation and strengthen the country's digital infrastructure .

2. Expansion of Circle:

Circle has obtained approval from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority to become a licensed money service provider. This will allow Circle to expand its stablecoin services in the Middle East, further advancing its global presence .

3. Regulation and Cooperation:

The proposed Dirham stablecoin will be fully regulated by the Central Bank of the UAE, providing legal and regulatory assurances for the stablecoin, ensuring it offers stable value in the volatile cryptocurrency market .

4. Strategic Investment:

Abu Dhabi’s state-owned investment company MGX invested $2 billion in Binance, the world's largest cryptocurrency exchange, with this transaction completed in stablecoins, making it the largest cryptocurrency investment deal to date. This investment not only provides funding support to Binance but also marks Abu Dhabi's strategic positioning in the cryptocurrency sector .

These developments indicate that Abu Dhabi is actively promoting innovation and application in stablecoins and digital assets, striving to occupy an important position in the global blockchain and cryptocurrency field through multi-party cooperation and regulatory support.