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UAE Financial Giants to Launch Central Bank-Regulated Dirham Stablecoin

In a significant move for the UAE’s digital finance landscape, Abu Dhabi’s ADQ, International Holding Company (IHC), and First Abu Dhabi Bank have announced plans to launch a UAE dirham-backed stablecoin. This digital currency will operate under the complete regulatory oversight of the UAE Central Bank, establishing new benchmarks for trust and compliance in the nation’s financial sector.

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