#AbuDhabiStablecoin Abu Dhabi is specifically accelerating in its love for fine digital currencies. They have a plan to launch their own stablecoin, which will be pegged to their dirham, and the Central Bank of the UAE will oversee it all. Big players like the International Holding Company (IHC), the Abu Dhabi Developmental Holding Company (ADQ), and First Abu Dhabi Bank (FAB) have taken on this task. Their goal is to ensure that digital currencies circulate safely and quickly in various transactions.

This stablecoin will operate on the ADI blockchain, created by the ADI Fund. It will assist in things like payments between machines and smart applications with artificial intelligence. This step demonstrates how the UAE aims to become a leader in the world of digital currencies and various blockchain technologies.