Today word of the Day 30 April 2025... follow me @YUDI ... | YUDI on Binance Square

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Today word of the Day 30 April 2025... follow me @YUDI  ...
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#AbuDhabiStablecoin The dirham-backed stablecoin’s functionality will be supported by ADI blockchain technology, which was developed by the ADI Foundation as a pioneer. The goal of this blockchain is to support secure and compliant transactions. These transactions support UAE’s vision of a robust digital economy. IHC explained that the stablecoin could make payments more efficient. IHC CEO Syed Basar Shueb commented that the project moves into an entirely new frontier for digital currencies.IHC’s knowledge of blockchain and financial technology will serve to open new possibilities for innovation in the UAE, he said. It is expected that the stablecoin will be able to support everything from everyday consumer payments to business transactions. The ADI Foundation also said that it will also allow for emerging technologies like machine to machine communication and AI applications. In December, the UAE’s central bank gave the green light to AE Coin, a digital currency tied to the UAE’s currency, the dirham. Stablecoins like AE Coin are popular globally because they are linked to traditional money, making their value steady and less risky compared to volatile cryptocurrencies like Bitcoin. On 21st August, 2024, leading stablecoin provider Tether also announced that it will introduce a stablecoin based on the UAE Dirham (AED). With this move, Tether’s activities have significantly expanded in the Middle East, where blockchain use is growing quickly

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#AITokensBounce Best AI Crypto Coins of 2025 Best AI Crypto Coins Current Price Market Cap Fetch $1.1072 920 million SinglarityNET $0.7172 901 million Ocean Protocol $0.7253 412 million Numeraire $31.901 198 million

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