#AbuDhabiStablecoin A #AbuDhabiStablecoin will raise the level of digital finance in the Middle East. In partnership with ADGM (Abu Dhabi Global Market), the government is studying the launch of a stablecoin backed by the dirham, with direct supervision from the local central bank. The goal is to facilitate cross-border payments, encourage remittances, and support smart contracts in sectors such as trade, tourism, and financial services. With the credibility of a central bank behind it, institutional investors and multinational companies are expected to quickly adopt this stable currency, reducing costs and volatility in transactions. If the project progresses on schedule, we will have a short-term catalyst for the regional DeFi ecosystem, increasing liquidity and attracting new players.
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