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Three major Abu Dhabi entities, including a sovereign wealth fund, plan to launch a stablecoin fully regulated by the central ...
Abu Dhabi sovereign wealth fund ADQ, conglomerate IHC , and the UAE's biggest lender by assets First Abu Dhabi Bank (FAB) are ...
The project, which is awaiting regulatory approval from the UAE Central Bank, includes three large Emirati entities as ...
A trio of major Abu Dhabi institutions, including the Emirate’s sovereign wealth fund, have teamed up to launch a new ...
Arabian Gulf Business Insight on MSN8h
Abu Dhabi group creating dirham-backed stablecoin
Sovereign wealth fund Abu Dhabi Developmental Holding Co. is among a group of companies developing a cryptocurrency that will be linked to the UAE dirham currency. Better known as ADQ, the fund – ...
Dirham-based stablecoin from UAE aims to lead in digital finance, streamlining payments and supporting innovation across ...
Three major institutions in the United Arab Emirates have announced plans to launch a new dirham-backed stablecoin, fully ...
Abu Dhabi’s top institutions join forces to launch a Dirham-backed stablecoin under UAE Central Bank regulation, boosting ...
Abu Dhabi’s sovereign wealth fund ADQ has teamed up with two local partners to launch a dirham-backed stablecoin aimed at ...
The stablecoin issuer received in-principle approval from ADGM's Financial Services Regulatory Authority to operate as a ...
Following ADGM's approval, Circle joins forces with Hub71 to grow Abu Dhabi’s Web3 and digital assets startup ecosystem ...