News

First Abu Dhabi Bank leads UAE’s push for dirham-backed stablecoin
Three major institutions in the United Arab Emirates have announced plans to launch a new dirham-backed stablecoin, fully ...
Three Abu Dhabi Giants Plan Stablecoin Backed by UAE’s Currency
Three major Abu Dhabi entities, including a sovereign wealth fund, plan to launch a stablecoin fully regulated by the central ...
Abu Dhabi institutional giants team up for dirham stablecoin
A trio of major Abu Dhabi institutions, including the Emirate’s sovereign wealth fund, have teamed up to launch a new ...
Circle gets Abu Dhabi regulatory nod to expand in Middle East
Circle receives in-principle approval from Abu Dhabi's ADGM to operate as a money services provider, expanding its global ...
Pensions & Investments14h
Abu Dhabi's ADQ backs new stablecoin
The $225 billion fund, alongside investment manager IHC and First Abu Dhabi Bank, said in a joint news release that the stablecoin will be backed by dirhams, fully regulated by the Central Bank of the ...