#AbuDhabiStablecoin A New Stage in the Digital Economy of the UAE

A completely new era in the financial sector of the UAE begins with the launch of a stable cryptocurrency pegged to the dirham (AED). Three leading institutions in Abu Dhabi — the sovereign wealth fund ADQ, the country's largest bank First Abu Dhabi Bank (FAB), and the investment conglomerate International Holding Company (IHC) — have united to create this stable coin.

🔍 Key Features:

• Pegged to the dirham: The stable coin will be fully backed by the national currency, ensuring stability and user trust.

• Regulatory approval: The project will be regulated by the Central Bank of the UAE, ensuring compliance with high standards of safety and transparency.

• Technological foundation: The use of ADI blockchain will enable efficient and secure transactions, supporting innovative use cases, including machine interaction and artificial intelligence.