#AbuDhabiStablecoin

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

💥🎉 The International Holding Company and "Holding" (ADQ) along with First Abu Dhabi Bank announced joint plans to launch a new stable digital currency backed by the UAE dirham, which will be fully supervised and regulated by the Central Bank of the United Arab Emirates. The new currency is set to be issued by First Abu Dhabi Bank after obtaining the necessary regulatory approvals.