#AbuDhabiStablecoin Big names in Abu Dhabi — ADQ (a huge investment company), International Holding Company (IHC), and First Abu Dhabi Bank (FAB) — are teaming up to launch a new digital coin. This coin will be tied to the UAE’s dirham and will be fully approved by the Central Bank of the UAE (CBUAE). The goal is to make digital payments easier and help more people use digital money in the UAE.

Strong Support and Full Approval

This new stablecoin is part of a bigger plan to make the UAE a world leader in digital money. By creating a safe and government-backed digital coin, the UAE is making sure people have a trusted option for online payments that fits perfectly with the country’s current banking system