#AbuDhabiStablecoin Abu Dhabi Launches Dirham-Pegged Stablecoin

Abu Dhabi is taking a major step in digital finance with the upcoming launch of a new stablecoin pegged to the UAE dirham. The project is a joint effort by First Abu Dhabi Bank (FAB), ADQ, and International Holding Company (IHC), and will be regulated by the UAE Central Bank.

The stablecoin will run on the ADI blockchain, designed to bridge traditional finance with emerging technologies like AI and machine-to-machine payments. It’s aimed at making digital transactions faster, more secure, and cost-effective.

This move is part of the UAE’s broader push to position itself as a fintech leader in the region. By introducing a fully regulated, dirham-backed digital currency, Abu Dhabi hopes to boost confidence in blockchain adoption and drive innovation in the financial sector.