#AbuDhabiStablecoin

#AbuDhabiStablecoin Abu Dhabi has shown increasing interest in blockchain and digital assets, leading to the development of a UAE-backed stablecoin. The stablecoin would be pegged to the UAE dirham (AED), offering a regulated and secure digital currency alternative for both domestic and international transactions. It aims to enhance cross-border payments, increase financial inclusion, and support the UAE’s goal of becoming a global crypto hub. Issued under the supervision of the Central Bank of the UAE or Abu Dhabi Global Market (ADGM), this stablecoin aligns with the country's broader fintech strategy while ensuring compliance, transparency, and economic stability in digital finance