#AbuDhabiStablecoin#AbuDhabiStablecoin signifies a transformative step in the UAE's digital finance landscape. On April 28, 2025, Abu Dhabi's sovereign wealth fund ADQ, conglomerate IHC, and First Abu Dhabi Bank (FAB) announced plans to launch a dirham-backed stablecoin, pending regulatory approval from the Central Bank of the UAE. This initiative aims to bolster the nation's position as a global hub for digital assets, offering a secure and efficient medium for everyday transactions and advanced applications like AI-driven payments. The stablecoin will operate on the ADI blockchain, reflecting the UAE's commitment to integrating blockchain technology into its financial infrastructure. (The United Arab Emirates Launches A Revolutionary Stablecoin ..., Abu Dhabi institutions plan a dirham-pegged stablecoin)
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