#AbuDhabiStablecoin
AbuDhabiStableCoin is making waves! A consortium of Abu Dhabi giants – ADQ, IHC, and First Abu Dhabi Bank (FAB) – are launching a Dirham-backed stablecoin, fully regulated by the UAE Central Bank. This initiative aims to revolutionize digital payments for consumers, businesses, and institutions, both locally and internationally.
Operating on the ADI blockchain, this stablecoin will also support emerging tech like AI-driven transactions. This move positions Abu Dhabi as a frontrunner in blockchain innovation and strengthens the UAE's digital infrastructure. Keep an eye on this space as it develops!