#阿布扎比稳定币
ADQ, IHC, and First Abu Dhabi Bank in Abu Dhabi
are launching a stablecoin backed by Dirhams
that will be fully regulated by the Central Bank of the UAE.
This move is part of a broader national strategy to accelerate
the growth of the digital asset economy in the region.
News about the Abu Dhabi stablecoin mainly revolves around
the UAE's push for the development of the cryptocurrency sector.
According to reports on April 28, 2025,
the Abu Dhabi Sovereign Wealth Fund ADQ,
the International Holding Company (IHC),
and the First Abu Dhabi Bank (FAB)
plan to jointly launch a new stablecoin backed by the UAE Dirham.
This stablecoin will be fully regulated by the Central Bank of the UAE
and aims to accelerate the UAE's digital asset strategy,
reduce transaction costs, speed up processing times, and optimize
fund management for cross-border transfers. This move reflects Abu Dhabi's
continued investment and innovation in the cryptocurrency space.
Additionally, earlier reports mentioned that Botim,
a communication app under Astra Tech in Abu Dhabi,
had tested AE Coin pegged to the Dirham
and received approval from the Central Bank of the UAE,
demonstrating the region's exploration and support for stablecoin applications.
It is important to note that the stablecoin market is rapidly growing globally;
according to DeFi Llama data, the total market value of stablecoins
has increased from $140 billion at the end of 2023 to over $200 billion
at the beginning of 2025.
This initiative from Abu Dhabi could further solidify
its leading position in the Middle Eastern cryptocurrency market.