#AbuDhabiStablecoin Abu Dhabi is actively promoting its ambitions in the field of digital finance with a plan to launch a stablecoin that will be backed by the dirham and fully regulated by the Central Bank of the UAE. The initiative is led by major organizations—the International Holding Company (IHC), the Abu Dhabi Investment Authority (ADQ), and the First Abu Dhabi Bank (FAB)—aiming to enhance the security and efficiency of digital transactions across various sectors. The stablecoin will operate on the ADI blockchain developed by the ADI Foundation, supporting applications such as machine-to-machine payments and AI-based management processes. This move aligns with the UAE's strategy to position itself as a global leader in digital finance and blockchain technology.
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