#AbuDhabiStablecoin Abu Dhabi invests $437M in Bitcoin ETFs, Wisconsin doubles its holdings

Abu Dhabi added IBIT shares to its $302 billion in assets under management, while SWIB surpassed $320M in BTC exposure.

Moreover, the investment confirms Abu Dhabi’s efforts to become a relevant jurisdiction in crypto. The capital of the United Arab Emirates recently integrated Tether USD (USDT) stablecoin into its financial system and laid the ground for a joint effort from Coinbase and Chainlink to boost institutional adoption in the region.#AbuDhabiStablecoin