#AbuDhabiStablecoin 🇦🇪💱

🔔 Major Development:

Three Abu Dhabi entities—International Holding Company (IHC), Abu Dhabi Developmental Holding Company (ADQ), and First Abu Dhabi Bank (FAB)—have announced plans to launch a new stablecoin backed by the UAE Dirham. 

🔐 Regulated by Central Bank:

The stablecoin will be fully regulated by the Central Bank of the UAE, ensuring compliance and stability. 

💳 Purpose:

Aimed at streamlining secure payments within the UAE and globally, this move positions Abu Dhabi as a leader in digital finance. 

🌐 Global Impact:

This initiative could set a precedent for other nations considering the adoption of national digital currencies.