#AbuDhabiStablecoin
#AbuDhabiStablecoin
It is an innovative digital project through which Abu Dhabi aims to launch a stablecoin backed by real assets such as the dollar or gold, aimed at facilitating transfers, reducing transaction costs, and enhancing financial transparency.
The currency enjoys stability compared to volatile digital currencies, making it ideal for e-commerce and international payments. The emirate seeks to make it part of a smart financial infrastructure that leverages blockchain and adheres to global legal standards.
The project contributes to establishing Abu Dhabi's position as a global financial and technical hub and supports the country's efforts in digital transformation and enhancing the knowledge-based economy.
If widely adopted, it could become a model for stablecoins issued by major countries and institutions.