According to @_RichardTeng, His Excellency Omar Al Olama’s message underscores the UAE’s forward-thinking, fundamentals-first strategy since 2015 that has positioned the country as a global hub, with specific emphasis on blockchain, crypto, and AI as core pillars (source: @_RichardTeng). According to @_RichardTeng, the priority is not mere tech adoption but building resilience and long-term value, a stance that directly informs trading considerations around jurisdictional stability and market infrastructure in the UAE (source: @_RichardTeng).

According to Crypto Rover, Abu Dhabi’s sovereign wealth fund has partnered with First Abu Dhabi Bank (FAB) and International Holding Company (IHC) to launch a new Dirham-backed stablecoin, signaling increased institutional interest in regulated digital assets. Traders should note that the introduction of this stablecoin could drive higher liquidity in dirham-based crypto pairs and enhance cross-border transaction efficiency in the MENA region (source: Crypto Rover, April 28, 2025). The partnership may also attract more local and international investors seeking stable, fiat-pegged digital assets, potentially impacting demand for existing stablecoins and regional DeFi protocols.