Abu Dhabi Development Holding Company (ADQ), International Holding Company (IHC), and First Abu Dhabi Bank are launching a stablecoin backed by the UAE dirham in Abu Dhabi, which is fully regulated by the Central Bank of the United Arab Emirates. This step is part of a broader national strategy to accelerate the growth of the digital asset economy in the region.

How do you see the impact of government-backed stablecoins in shaping the future of cryptocurrencies and global payments? Share your thoughts.