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Top asset management team helps you profit without hassle
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GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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Reuters: Abu Dhabi Sovereign Wealth Fund plans to collaborate with multiple entities to launch a Dirham stablecoin
On April 29, according to Reuters, Abu Dhabi Sovereign Wealth Fund ADQ, corporate group IHC (IHC.AD), and the largest bank by assets in the UAE, First Abu Dhabi Bank (FAB.AD), announced on Monday plans to launch a new stablecoin backed by the dirham, the official currency of the United Arab Emirates (UAE). The three companies stated in a statement that the stablecoin will be fully regulated by the Central Bank of the UAE. This initiative marks a further deepening of investment in the Crypto Assets sector by Gulf countries.