**#AbuDhabiStablecoin – The Petrodollar Challenger Emerges**
Abu Dhabi's $10B AED-backed stablecoin (ADSC) launches as the Gulf's first regulated digital currency:
- **Geopolitical Signal:** Direct alternative to USDT/USDC dominance
- **Oil Trade Ambitions:** Pilot program with ADNOC for crude settlements
- **DeFi Bridge:** 0% tax for exchanges listing ADSC
Key Features:
• 1:1 UAE dirham backing (USD-pegged)
• Sharia-compliant structure
• Instant 24/7 oil payments
Market Reactions:
✓ Tether volumes dip 5% in MENA region
✓ Gold-backed cryptos surge on diversification trend
✓ Fed reportedly accelerating digital dollar research
This marks the first major state-issued challenger to Western stablecoins – with petrodollar implications.