#AbuDhabiStablecoin ¿A new global standard or a financial Trojan horse?
Abu Dhabi has launched a stablecoin backed by dirhams, fully regulated by the Central Bank of the UAE. Three financial giants —ADQ, IHC, and First Abu Dhabi Bank— have joined forces to drive this initiative. The goal: to position themselves as leaders in the emerging digital asset economy.
Everyone is publishing: “A great step forward for cryptocurrency adoption!”
But… few are questioning the real implications. What happens when stablecoins are not born from the crypto community, but are created and controlled by governments? How “decentralized” can a digital asset really be when its value and governance are completely in the hands of the state?
This may seem like progress, but it could also be the beginning of a new narrative: cryptocurrencies are welcome — as long as they are under supervision.
The real question is not whether governments will adopt blockchain, but how — and what freedoms could be lost in the process.