Reuters: Abu Dhabi Sovereign Wealth Fund plans to launch Dirham stablecoin with multiple entities

丹丹Adane

趋势预测者

04-29 00:44

On April 29, according to Reuters, Abu Dhabi sovereign wealth fund ADQ, conglomerate IHC (IHC.AD), and the UAE's largest asset-scale bank, announced on Monday that it plans to launch a new stablecoin supported by Dirham, the official currency of the United Arab Emirates (UAE).

The three companies said in a statement that the stablecoin will be fully regulated by the UAE Central Bank. The move marks a further deepening of investment in the cryptocurrency sector by Gulf countries.

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