Abu Dhabi sovereign wealth fund teams up with FAB, IHC to launch new stablecoin

Abu Dhabi sovereign wealth fund ADQ, conglomerate IHC , and the United Arab Emirates's biggest lender by assets First Abu Dhabi Bank (FAB) are planning to launch a new stablecoin backed by dirhams, they said on Monday, as the Gulf country deepens it

Abu Dhabi doubles down on crypto as wealth fund, FAB, IHC join forces for new stablecoin

Abu Dhabi sovereign wealth fund ADQ, conglomerate IHC , and the UAE's biggest lender by assets First Abu Dhabi Bank (FAB) are planning to launch a new stablecoin backed by dirhams, they said on Monday, as the Gulf country deepens its investment