#AirdropStepByStep [Step-by-Step] Abu Dhabi launches the first regulated stablecoin, backed by the UAE dirham
1. Official announcement (April 28, 2025)
Abu Dhabi reveals the launch of a stablecoin backed 1:1 by the United Arab Emirates dirham.
2. Key partners
First Abu Dhabi Bank (FAB)
ADQ (sovereign fund)
International Holding Company (IHC)
3. Oversight and regulation
The currency is approved and regulated by the Central Bank of the United Arab Emirates (CBUAE).
4. Technology
It operates on the ADI blockchain, developed for efficiency, security, and scalability.
5. Uses
Fast digital payments
Machine-to-machine (M2M) transactions
AI and fintech applications
6. Impact
Positions the UAE as a regional leader in crypto innovation and Web3 adoption.