#AbuDhabiStablecoin Here's a polished version:

Abu Dhabi Launches Dirham-Backed Stablecoin

Abu Dhabi is introducing a dirham-backed stablecoin, a digital currency pegged to the UAE dirham's value. This initiative is a collaboration between ADQ, International Holding Company (IHC), and First Abu Dhabi Bank (FAB). The stablecoin will operate on the domestically developed ADI blockchain, regulated by the Central Bank of the UAE.

Key Features:

- Provides a trusted means of payment for citizens, businesses, and institutions

- Supports transactions in various digital scenarios

- Designed for machine-to-machine and AI-driven transactions

- Part of the UAE's financial infrastructure transformation (FIT) program

This move aims to enhance digital transactions, advance the country's digital economy, and foster innovation. The UAE's proactive approach to stablecoin regulation sets a positive example for other jurisdictions.keep your self up to date