#AbuDhabiStablecoin UAE's Strategic Move into Regulated Digital Currency

Abu Dhabi is making significant strides in the digital finance sector with the announcement of a new stablecoin initiative. Three major institutions—**First Abu Dhabi Bank (FAB)**, **ADQ** (the sovereign wealth fund), and **International Holding Company (IHC)**—have partnered to launch a **dirham-pegged stablecoin**, pending regulatory approval from the **Central Bank of the UAE (CBUAE)**. ([Three Abu Dhabi Giants Plan Stablecoin Backed by UAE's Currency](https://www.bloomberg.com/news/articles/2025-04-28/three-abu-dhabi-giants-plan-stablecoin-backed-by-uae-s-currency?utm_source=chatgpt.com), [Abu Dhabi: the UAE ready for the launch of the new stablecoin pegged to the Dirham](https://en.cryptonomist.ch/2025/04/29/abu-dhabi-the-uae-ready-for-the-launch-of-the-new-stablecoin-pegged-to-the-dirham/?utm_source=chatgpt.com))

**Key Highlights:**

- **Regulatory Oversight:** The stablecoin will be fully regulated by the CBUAE, ensuring compliance and stability within the UAE's financial framework. ([Abu Dhabi Unveils A Stablecoin Project Supported By Major Players In The Financial Sector.](https://www.cointribune.com/en/the-united-arab-emirates-launches-a-revolutionary-stablecoin-backed-by-the-dirham/?utm_source=chatgpt.com))

- **Technological Backbone:** The digital currency will operate on the **ADI blockchain**, developed by the ADI Foundation, aiming to provide a compliant and efficient infrastructure for digital payments. ([Abu Dhabi Unveils A Stablecoin Project Supported By Major Players In The Financial Sector.](https://www.cointribune.com/en/the-united-arab-emirates-launches-a-revolutionary-stablecoin-backed-by-the-dirham/?utm_source=chatgpt.com))

- **Strategic Objectives:** This initiative aligns with the UAE's broader vision to become a global hub for digital assets, enhancing cross-border transactions, and integrating advanced technologies like AI and IoT into financial services. ([Digital Dirham: UAE to Launch Stablecoin, Regulated by Central Bank]