#AbuDhabiStablecoin Abu Dhabi's financial institutions have teamed up to launch a dirham-backed stablecoin, aiming to boost the UAE's digital infrastructure and global fintech leadership. Here's what's happening ¹ ²:

- *Partnership Details*:

- *Sovereign Wealth Fund ADQ*: Collaborating with International Holding Company (IHC) and First Abu Dhabi Bank (FAB) to develop the stablecoin.