#AbuDhabiStablecoin Abu Dhabi is launching a dirham-backed stablecoin, pending approval from the United Arab Emirates' central bank. This digital currency aims to strengthen the UAE's digital infrastructure and position the country at the forefront of global fintech innovation.

*Key Features:*

- *Backed by Dirham*: The stablecoin will be fully backed by the UAE's dirham, ensuring stability and trust.

- *Regulated*: It will be regulated by the UAE's central bank, providing oversight and compliance.

- *Operating on ADI Blockchain*: The stablecoin will operate on the ADI blockchain, a technology developed domestically by the ADI Foundation.

- *Supporting Advanced Transactions*: It will support machine-to-machine and AI-driven transactions, making it suitable for emerging digital applications.

*Partnerships:*

- *ADQ*: Abu Dhabi's sovereign wealth fund, focused on critical infrastructure and global supply chains.

- *First Abu Dhabi Bank (FAB)*: The UAE's largest bank, which will issue the stablecoin.

- *International Holding Company (IHC)*: A conglomerate with a market value of over $243 billion ¹ ².

*Goals:*

- *Digital Infrastructure*: Strengthen the UAE's digital infrastructure and promote fintech innovation.

- *Economic Diversification*: Enhance economic diversification and improve financial inclusion.

- *Global Leadership*: Position the UAE as a regional and global leader in digital financial instruments ³.