#AbuDhabiStablecoin Absolutely! The launch of a stablecoin backed by the dirham in Abu Dhabi is a significant event in the world of digital finance. Here are some key points about this initiative:

Entities involved:

IHC (International Holding Company)

ADQ (Abu Dhabi Developmental Holding Company)

FAB (First Abu Dhabi Bank)

These are important entities in Abu Dhabi, suggesting strong institutional support for this stablecoin.

Regulation:

The stablecoin will be fully regulated by the Central Bank of the United Arab Emirates. This is crucial to build trust and ensure the stability of the digital currency.

Technology:

It will operate on the ADI blockchain.