#AbuDhabiStablecoin Abu Dhabi is becoming an important hub for digital assets, with a forward-looking regulatory environment established by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). This framework regulates virtual asset activities, including exchanges and custody services.

Recently, major institutions in Abu Dhabi, including ADQ, IHC, and First Abu Dhabi Bank, announced the launch of a stablecoin backed by the dirham. This initiative aims to enhance the digital infrastructure of the UAE and impact finance, trade, and digital industries at a regional and global level. Separately, the stablecoin issuer Circle received in-principle approval from the FSRA, indicating further growth and regulatory clarity for stablecoins in Abu Dhabi.