#阿布扎比稳定币 Major movements in the financial sector! Abu Dhabi Sovereign Wealth Fund ADQ, IHC, and FAB join forces to launch a new stablecoin backed by dirhams #AbuDhabiStablecoin#. This stablecoin will be fully regulated by the Central Bank of the UAE and can be used for everyday transactions and emerging digital scenarios.

In fact, the UAE has long been planning; last year it approved ae coin, and this year it completed a massive $2 billion investment in the form of a stablecoin. Abu Dhabi's move aims to position itself as a global center for blockchain and financial technology.