Are cryptocurrencies entering a phase of official dominance?

In rapid steps towards the financial future, we are witnessing decisive movements from governments on both sides of the globe:

Abu Dhabi launches the first stablecoin backed by the dirham

ADQ, IHC, and First Abu Dhabi Bank announced the launch of a stablecoin backed by the UAE dirham, under the direct supervision of the UAE Central Bank. This step is not just a digital experiment, but part of a comprehensive national strategy aimed at accelerating the growth of the digital asset economy in the country.

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