Government-supported stablecoins (such as the upcoming Dirham stablecoin in Abu Dhabi) could profoundly change the cryptocurrency and global payment landscape. First, these types of stablecoins can significantly enhance market trust due to the backing of central bank regulation, attracting traditional financial institutions and accelerating the mainstream adoption of digital assets. Secondly, they may reshape cross-border payments by reducing remittance costs and time through blockchain technology, challenging the SWIFT system, especially in emerging markets. Additionally, government-led stablecoins may squeeze the market share of private stablecoins (like USDT and USDC), but they could also promote stricter industry compliance standards. For the UAE, this move not only strengthens its position as a regional fintech hub but may also promote the internationalization of the Dirham, supporting its economic diversification strategy. However, its success depends on regulatory flexibility, technological stability, and the level of international cooperation. Overall, state-supported stablecoins may become a key bridge connecting traditional finance and the crypto ecosystem.