#AbuDhabiStablecoin Abu Dhabi is taking a major leap into the future of digital finance. Three of the UAE’s biggest entities — International Holding Company (IHC), ADQ, and First Abu Dhabi Bank (FAB) — have announced the launch of a Dirham-backed stablecoin, marking a significant step in the UAE’s digital economy ambitions.

Key Highlights:

Backed by UAE Dirham: The stablecoin will be fully pegged to the UAE dirham (AED), ensuring price stability.

Issued by FAB: First Abu Dhabi Bank will be the official issuer of the coin, under the regulatory supervision of the UAE Central Bank (CBUAE).

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