Three major financial institutions in Abu Dhabi, namely (ADQ, ICH and First Abu Dhabi Bank) are creating a new digital coin or stablecoin that will be worth one dirham, and under the full supervision of the Central Bank of the Emirates. 🇦🇪🇦🇪🇦🇪 This is not only a major step for the region’s digital economy, but also sends a message to the world that the Gulf is the future of crypto centralization! A secure, regulated, and local stablecoin = investor confidence + ease of doing business.