🏦 #AbuDhabiStablecoin
Abu Dhabi is launching a new national stablecoin based on the dirham – and this could shake the regional market!
In an era of global tensions and fluctuating exchange rates, state-backed stablecoins are starting to play a leading role in Finance 3.0.
The new token aims to ensure fast and cheap transactions in the Gulf region, with an emphasis on compliance with local laws and high transparency.
Will the UAE set a new standard for state-backed digital currencies? We are following this!