The sovereign stablecoin recently launched by Abu Dhabi, with the value of #阿布扎比稳定币 , marks a new phase in the global cryptocurrency market where sovereign power is deeply involved. As the core hub of fintech innovation in the Middle East, Abu Dhabi, with its strong oil capital and financial openness policies, will promote stablecoins from 'grassroots tools' to 'national strategic infrastructure,' having a profound impact on the virtual currency market and the international financial system.

**For the crypto market: Reshaping trust and liquidity**

The Abu Dhabi stablecoin, backed by sovereign credit, has the potential to disrupt the existing stablecoin landscape dominated by private institutions like Tether (USDT) and Circle (USDC). Its design, pegged to the US dollar or a basket of currencies, combined with the reserve support from Abu Dhabi's sovereign wealth fund, will attract traditional financial institutions to accelerate their entry, enhancing the liquidity and stability of the cryptocurrency market. At the same time, Middle Eastern capital entering the fields of DeFi and cross-border payments through stablecoins may trigger a new wave of compliance innovation.