#AbuDhabiStablecoin Abu Dhabi is advancing its digital asset strategy with a new dirham-backed stablecoin, announced on April 28, 2025. Sovereign wealth fund ADQ, conglomerate IHC, and First Abu Dhabi Bank (FAB) are partnering to launch this stablecoin, fully regulated by the UAE Central Bank. Operating on the ADI blockchain, it aims to enhance blockchain payments and facilitate retail transactions. Following the UAE’s approval of AE Coin in December 2024, this initiative underscores the nation’s commitment to integrating cryptocurrencies into mainstream finance, potentially setting a global model for regulated digital currencies
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