#AbuDhabiStablecoin
Emirati Stablecoin... and the future begins in Abu Dhabi!
Abu Dhabi is entering the global race through the widest doors!
Three major institutions in the UAE – First Abu Dhabi Bank, International Holding Company, and ADQ – have announced the launch of a new stablecoin backed by the Emirati Dirham!
What does this mean?
It means for the first time we will have an official stable digital currency, supported by a real asset (the Dirham), and operating on an Emirati blockchain network (ADI), under the supervision of the Central Bank of the UAE.