#AbuDhabiStablecoin #AbuDhabiStablecoin
Arizona has passed a Strategic Bitcoin Reserve Act, allowing the state treasury and pension funds to allocate up to 10% of available funds to Bitcoin and other digital assets. If the law is signed, Arizona will become the first state in the U.S. to legally invest state funds in Bitcoin.
đŹ What are your thoughts on states holding Bitcoin? Could this set a precedent for others? Share your thoughts!
ADQ, IHC, and First Abu Dhabi Bank are launching a stablecoin backed by the dirham, fully regulated by the Central Bank of the UAE. This step is part of a broader national strategy aimed at accelerating the growth of the digital asset economy in the region.
đŹ How do you see the impact of government-backed stablecoins on the future of cryptocurrencies and global payments? Share your views.
