#AbuDhabiStablecoin
According to the press release, the project will be under the supervision of the Central Bank of the United Arab Emirates and will be carried out through FAB. The new stablecoin based on the ADI blockchain platform is intended for both everyday transactions and more complex digital interactions, including in the field of artificial intelligence and automated transactions between "smart" devices.
Project coordinators emphasize that the launch of the new token will strengthen the digital financial ecosystem of the UAE and contribute to making the country one of the leading global centers in the fintech sector.
It is worth noting that, to date, ADQ manages assets worth over $200 billion, and International Holding Company (IHC) is among the top listed companies in the country by market capitalization.
$BNB
BNB
602.7
-0.76%
$XRP
XRP
2.2792
-1.8