Market Watch | Abu Dhabi Launches Regulated Dirham-Backed Stablecoin

Abu Dhabi is making headlines with the launch of a fully regulated dirham-backed stablecoin, spearheaded by First Abu Dhabi Bank (FAB), International Holding Company (IHC), and ADQ. This marks a major step toward institutional-grade digital assets in the MENA region.

Built on the ADI blockchain, the stablecoin aims to power real-time payments, AI-driven transactions, and compliant DeFi use cases. Once approved by the UAE Central Bank, this stablecoin could set a new benchmark for fiat-token integration in regulated environments.

Why it matters:

This positions the UAE as a rising crypto-fintech hub, with potential ripple effects across stablecoin adoption and cross-border payments. Binance users should watch for ecosystem partnerships, exchange listings, or DeFi integrations in the region.#AbuDhabiStablecoin