#AbuDhabiStablecoin Abu Dhabi is advancing its ambitions in digital finance with plans to launch a dirham-backed stablecoin, fully regulated by the UAE Central Bank. The initiative, led by major institutions — the International Holding Company (IHC), Abu Dhabi Development Holding Company (ADQ), and First Abu Dhabi Bank (FAB) — aims to enhance secure and efficient digital transactions across various sectors. The stablecoin will operate on the ADI blockchain, developed by the ADI Foundation, supporting applications such as machine-to-machine payments and AI-based processes. This move aligns with the UAE's strategy to position itself as a global leader in digital finance and blockchain technology.