#AbuDhabiStablecoin Abu Dhabi enters the stablecoin race. Three financial giants — ADQ, IHC, and First Abu Dhabi Bank — are joining forces to launch a dirham-backed stablecoin under the supervision of the Central Bank of the UAE. 🏦

Goal: a fast, secure, and compliant digital payment system for everyday use in retail, business, and government. The stablecoin will operate on a local blockchain, ensuring transparency and regulatory oversight. 🔗