#AbuDhabiStablecoin As of April 30, 2025, Abu Dhabi is advancing its digital finance initiatives with the planned launch of a new dirham-backed stablecoin. This initiative is a collaboration between three major entities: International Holding Company (IHC), Abu Dhabi Developmental Holding Company (ADQ), and First Abu Dhabi Bank (FAB). The stablecoin aims to facilitate secure and efficient payments within the UAE and internationally.

The stablecoin will be issued by FAB and regulated by the Central Bank of the UAE. It is designed to operate on the ADI blockchain, developed by the ADI Foundation, to ensure transparency and scalability in transactions.

This development underscores Abu Dhabi's commitment to becoming a leader in the digital asset space, building