#AbuDhabiStablecoin

Abu Dhabi is set to launch a dirham-backed stablecoin, pioneered by IHC, ADQ, and First Abu Dhabi Bank (FAB), fully regulated by the UAE Central Bank and issued by FAB, pending regulatory approval. Operating on the ADI blockchain, this stablecoin aims to revolutionize payments and business transactions both locally and globally, supporting everyday use for consumers, businesses, and institutions. It will also enable advanced digital use cases, such as machine-to-machine payments and AI-driven transactions. This initiative positions the UAE at the forefront of blockchain innovation, strengthening its digital infrastructure and enhancing the nation’s fintech leadership.