#AbuDhabiStablecoin The Abu Dhabi stablecoin, called the dirham-pegged stablecoin (FDUSD), is a digital currency pegged to the UAE dirham. Key points include:

- *Backed by UAE Dirhams*: FDUSD is fully backed by UAE dirhams held in reserve.

- *Regulatory Approval*: Launched with approval from the Financial Services Regulatory Authority (FSRA) of ADGM.

- *Use Cases*: Designed for payments, settlements, and trading.

- *Partnerships*: Potential collaborations with global payment and trading platforms.

FDUSD aims to provide a stable digital currency for the UAE, leveraging blockchain technology.