The sovereign stablecoin recently launched by Abu Dhabi, #阿布扎比稳定币 , marks a new phase of deep participation of sovereign powers in the global cryptocurrency market. As a core hub for fintech innovation in the Middle East, Abu Dhabi, with its strong oil capital and financial openness policies, will upgrade stablecoins from 'private tools' to 'national strategic infrastructure', profoundly impacting the virtual currency market and the international financial system.

**Impact on the crypto market: Reshaping trust and liquidity**

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