Abu Dhabi ADI Foundation will issue United Arab Emirates dirham stablecoins
On October 14, ADI Foundation Abu Dhabi announced progress in achieving its mission of leading 1 billion people into the digital economy by 2030. The foundation was founded by Sirius International Holding and is developing a stablecoin backed by United Arab Emirates dirhams. The stablecoin will be supervised by the United Arab Emirates central bank and run on the ADI Foundation blockchain. In addition, the ADI Foundation will establish a platform to help the United Arab Emirates cultivate a Web3 native and blockchain-ready workforce through blockchain basics education and a Web3 solution prototype testing environment.
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