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UAE’s First Regulated Stablecoin to Be Issued by First Abu Dhabi Bank

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UAE’s First Regulated Stablecoin to Be Issued by First Abu Dhabi Bank - Coinedition

Quick Summary:

Three major financial institutions in the United Arab Emirates — International Holding Company (IHC), ADQ, and First Abu Dhabi Bank (FAB) — have announced plans to launch a new stablecoin backed by the UAE dirham.

The token will be issued by FAB, the country’s largest bank by assets, and regulated by the Central Bank of […]

The post UAE’s First Regulated Stablecoin to Be Issued by First Abu Dhabi Bank appeared first on Coin Edition.

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Article Details

Author / Journalist: Peter Mwangi

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-29 @ 12:30:00 (14 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 124 words

Reading Time: 1 minutes read

Sentences: 52 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 28286669

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About Coinedition

Coinedition Logo

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 15 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

Publisher Details

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The story "UAE’s First Regulated Stablecoin to Be Issued by First Abu Dhabi Bank" has 124 words across 52 sentences, which will take approximately 1 - 2 minutes for the average person to read.

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The story "UAE’s First Regulated Stablecoin to Be Issued by First Abu Dhabi Bank" was covered 14 hours ago by Coinedition, a news publisher based in India.

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Coinedition is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 15 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #28286669
  • URL: https://citrocola.beamstart.com/news/uaes-first-regulated-stablecoin-to-17459341466188

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