#AbuDhabiStablecoin The Emirate of Abu Dhabi is taking strong steps towards innovation in the digital assets space with the recent announcement of a stablecoin backed by the dirham, the local currency of the United Arab Emirates. This initiative, driven by strategic collaborations between key entities such as ADQ, International Holding Company (IHC), and First Abu Dhabi Bank (FAB), aims to revolutionize transactions and strengthen the country's digital infrastructure. The stablecoin will operate under the full regulation of the Central Bank of the UAE, which instills confidence and security in its use for both consumers and businesses.
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