#AbuDhabiStablecoin

Abu Dhabi Stablecoin: A New Digital Dirham

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.