#AbuDhabiStablecoin Abu Dhabi accelerates tokenization with its regulated stablecoin dirham (AED)! 🇦🇪
Abu Dhabi is taking a big step in the adoption of digital assets! The economic giants ADQ, IHC, and First Abu Dhabi Bank are joining forces to launch a dirham-backed (AED) stablecoin, under the strict supervision of the Central Bank of the UAE.
The goal is clear: to position the capital of the Emirates as a global leader in digital assets and lay the groundwork for faster, more stable, and interoperable payment systems.
This initiative perfectly aligns with the UAE's Digital Assets Strategy, also illustrated by the launch of “Hub71+ Digital Assets,” a dynamic Web3 ecosystem that brings together investors, regulators, and innovators in Abu Dhabi.
With this AED stablecoin, the UAE