X @Michaël van de Poppe
Michaël van de Poppe·2026-02-12 10:45
The UAE just launched its first regulated stablecoin.DDSC --> backed 1:1 by UAE Dirham, initiated by IHC ($240B cap) and First Abu Dhabi Bank ($330B assets).That's a great step forward and that's why this chart has continuously been doing well. I've posted about this earlier, however, it's clear that there's widespread adoption taking place on the markets for stablecoins and #Crypto.Why this matters:→ Settled on $ADI Chain → FAB has 33% of UAE banking market share → IHC runs 1,300+ subsidiaries → Mastercard ...