Abu Dhabi Global Market (ADGM) is actively promoting a regulatory framework for stablecoins, aiming to become a global hub for cryptocurrency and digital assets. Local financial institutions have begun piloting stablecoins pegged to the UAE Dirham for cross-border payments and blockchain settlements to enhance transaction efficiency and reduce costs in the traditional banking system. The Abu Dhabi International Financial Centre (ADIFC) emphasizes that stringent compliance standards will ensure the stability and security of stablecoins. This initiative is expected to attract more blockchain companies to settle in the region, solidifying the UAE's leading position in the digital finance space in the Middle East while providing a new model for the global development of stablecoins.