#AbuDhabiStablecoin Abu Dhabi is launching a dirham-backed stablecoin in collaboration with ADQ, First Abu Dhabi Bank, and International Holding Company. The stablecoin will be fully regulated by the UAE’s central bank and operate on the ADI blockchain. It aims to enhance digital payments and support emerging technologies like artificial intelligence and machine to machine transactions. The initiative is part of the UAE’s broader strategy to strengthen its digital infrastructure and position itself as a global fintech hub. If approved, the stablecoin could revolutionize financial transactions in the region, providing a secure and scalable solution for businesses and consumers alike.
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