Recently, there has been significant news in the field of digital currency from Abu Dhabi. The sovereign wealth fund ADQ, International Holding Company IHC, and Abu Dhabi Bank FAB jointly announced that they are preparing to issue a stablecoin backed by the UAE Dirham. This stablecoin will be first issued by FAB and will be subject to regulatory approval from the Central Bank of the UAE. If successfully launched, it will be widely used in everyday scenarios, further promoting Abu Dhabi and the UAE's advancement in the digital currency sector.