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Abu Dhabi ADI Foundation will issue UAE Dirham stablecoin.

GateNews
Source: ChainCatcher

ChainCatcher news, the Abu Dhabi ADI Foundation announced progress in its mission to lead 1 billion people into the digital economy by 2030. The foundation, established by Sirius International Holding, is developing a stablecoin backed by the UAE Dirham, which will be regulated by the Central Bank of the UAE and operate on the ADI Foundation Blockchain. In addition, the ADI Foundation will establish a platform to help the UAE cultivate a Web3-native and blockchain-ready workforce through blockchain literacy education and a prototype testing environment for Web3 solutions.

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