#AbuDhabiStablecoin

Abu Dhabi launches a stable digital currency backed by the Dirham 🇦🇪

💥🎉 The International Holding Company and "ADQ" along with First Abu Dhabi Bank announced joint plans to launch a new stable digital currency backed by the UAE Dirham, and fully subject to the oversight and regulation of the Central Bank of the United Arab Emirates. The new currency is expected to be issued by First Abu Dhabi Bank, following the necessary regulatory approvals.