#AbuDhabiStablecoin The three main organizations of Abu Dhabi — the sovereign fund ADQ, the conglomerate International Holding Company (IHC), and First Abu Dhabi Bank (FAB) — announced plans to launch a stablecoin fully regulated by the Central Bank of the United Arab Emirates (CBUAE). This stablecoin will be pegged to the UAE dirham and aims to facilitate digital payments and enhance the adoption of digital currencies in the country.
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