#AbuDhabiStablecoin

Digital Dirham: Unlocking Utility and Innovation Through Abu Dhabi’s Regulated Stablecoin

Abu Dhabi’s new dirham-pegged stablecoin marks a major step in the UAE’s digital finance strategy. Built on a regulated blockchain and backed by the Central Bank, it offers fast, stable, and secure transactions while supporting innovations in e-commerce, cross-border payments, and AI-driven applications.

Utilisation:

Abu Dhabi’s new dirham-pegged stablecoin is set to have several practical uses that align with the UAE’s broader goals of financial innovation and digital transformation. One of the primary uses is in domestic and cross-border payments. It can facilitate fast, low-cost transactions within the UAE and across the GCC, providing a more efficient alternative to traditional banking systems, especially in sectors like remittances. In retail and e-commerce, the stablecoin could be used for everyday transactions, offering consumers and merchants a quick and stable method of payment that minimizes delays and transaction fees.