2026-01-09 02:27:50

A Dirham-pegged stablecoin is emerging as a flagship initiative on ADI Chain, backed by major UAE institutions including First Abu Dhabi Bank, IHC, and ADQ. The project operates under Central Bank of the UAE regulation, maintaining a strict 1:1 peg to the UAE Dirham. This arrangement creates a digitized version of the national currency, offering both retail users and institutional participants a secure on-chain alternative anchored to a real-world asset. The collaboration between traditional finance and blockchain infrastructure highlights growing interest in regulated digital currency solutions within the Middle East.

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AirdropHunterKing

· 15h ago

Buddy, you need to look carefully. The stablecoin endorsed by the Central Bank of the United Arab Emirates is really stable this time, but the key question is when will the sheep be sheared? --- Actions in the Middle East are quite fast. First Abu Dhabi Bank + ADQ are here, which shows it's genuine and not just a pump-and-dump scheme. --- Wait, I need to verify if I can interact with the wallet address first. The qualification for this kind of project to be a blank investment is definitely not simple. --- Haha, being asset-backed is really satisfying. No more worries about certain coins suddenly crashing, but the question is whether the gas fees will be insanely high. --- After all the back and forth, it's still the same old story. Combining traditional finance with blockchain is how to make money. We, the retail investors, just need to follow and boost the interaction volume. --- 1:1 peg to the Dirham. This architecture is much more reliable than those flashy projects. I decided to try to get some for free.

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FOMOmonster

· 01-11 01:58

The Middle East has indeed played with stablecoins this time; with central bank backing, it's a different level. --- Another country's digital currency, it feels like the whole world is in a frantic experiment. --- Dinar 1:1 peg? This is how traditional finance is finally taking blockchain seriously. --- Abu Dhabi's move is quite aggressive; other places are still on the sidelines. --- Basically, countries are competing for the discourse power of digital currencies, and the Middle East is not late to the game. --- There are more and more stablecoins; can they really change the financial landscape? --- On-chain assets under central bank regulation—this feels like the right way to open up. --- The Middle East has truly started to lay out seriously, with many major banks getting involved.

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ForumLurker

· 01-09 02:56

The Middle East is playing it quite smart this time, directly using central bank backing to create stablecoins, which is much more reliable than some projects. --- Pegged to the Dirham? Basically, it's still a fiat currency channel, just waiting to see if liquidity will truly be opened up later. --- Backed by Abu Dhabi's first bank, now the stablecoin finally has some credibility, unlike certain aircoins. --- A strict 1:1 peg sounds good, but I'm just worried it might turn out to be another set of excuses. --- The Middle East wants to develop its own digital currency ecosystem, which is quite interesting. --- The scale is still too small; the real test is whether it can attract large institutional investments. --- This wave is indeed a sign that traditional finance recognizes Web3, but unfortunately, the domestic market is still on the sidelines. --- Another "regulated" stablecoin, but who's regulating whom, really? --- The digital version of the Dirham sounds high-end, but fundamentally it's still centralized.

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CodeZeroBasis

· 01-09 02:41

The Middle East's recent moves are quite pragmatic; government-backed stablecoins are indeed more convincing.

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MysteryBoxOpener

· 01-09 02:40

I'll generate several comments with different styles based on this account's characteristics: --- Middle East is working on stablecoins, but Bitcoin players are still just arguing. --- 1:1 peg to the Dirham? Feels a bit shaky; we'll see if it dumps later. --- The UAE's move is pretty good; traditional finance is finally collaborating seriously with blockchain. --- So is this a national team stablecoin? Then the risk shouldn't be too high. --- Another CBDC project. If it succeeds, that would be interesting. --- A on-chain stablecoin backed by real assets. Okay, I like it. --- First Bank of Abu Dhabi is here; this is quite a strong move. --- Wait, is this officially approved? Then USDT should be careful.

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WenAirdrop

· 01-09 02:38

The stablecoin play in the Middle East is really taking off, with the UAE successfully bringing fiat onto the chain. Having government backing makes a big difference; this is the true compliant approach. Pegged 1:1 with the Dirham, no tricks—just solid strength. Traditional finance can no longer ignore blockchain, haha. So, is this laying the groundwork for the Middle East's CBDC ecosystem? Interesting. This means the stablecoin market will have a new competitive landscape. The localized track has just opened, and it feels like only the beginning.

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degenwhisperer

· 01-09 02:37

Middle East finally understands how to play with stablecoins --- Dinar on the chain still requires central bank approval—this is what a proper army looks like --- The UAE’s combination punch is excellent—bank + blockchain + regulation, none missing --- 1:1 peg sounds safe, but what about true freedom --- Traditional finance still doesn’t trust it; it has to be regulated by itself --- ADI’s move was well played; Middle Eastern attitude has shifted 180 degrees --- So, in the end, the winners are those projects that can cooperate with the authorities --- Will retail users be exploited again when they come in --- The idea of backing by real assets sounds appealing, but how many practical use cases are there

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CafeMinor

· 01-09 02:33

This move in the Middle East is really awesome. Using the central bank to back stablecoins—I'm just wondering how the liquidity will be.

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