#AbuDhabiStablecoin Abu Dhabi is advancing its ambitions in the field of digital finance with a plan to launch a stablecoin that will be backed by the dirham and fully controlled by the Central Bank of the UAE. The initiative, implemented with the involvement of major organizations—the International Holding Company (IHC), Abu Dhabi Investment Authority (ADQ), and First Abu Dhabi Bank (FAB)—aims to enhance secure and efficient digital transactions across various sectors. The stablecoin will operate on the ADI blockchain, developed by the ADI Foundation, supporting applications such as device-to-device payments and management processes using AI. This move aligns with the UAE's strategy to position itself as a global leader in the field of digital finance and blockchain technologies.