#AbuDhabiStablecoin : A New Phase in the UAE's Digital Economy!

On April 28, 2025, the three major financial giants in Abu Dhabi—ADQ, International Holding Company (IHC), and First Abu Dhabi Bank (FAB)—announced the launch of a brand new stablecoin. This stablecoin will be fully backed by dirhams as reserves and regulated by the Central Bank of the UAE. The issuance will be managed by the country's largest bank, FAB, and will be officially launched once all necessary approvals are obtained.

This digital dirham is not just a payment tool; it will open up new prospects for everyday transactions, business applications, institutional settlements, and even the integration of artificial intelligence and machine interactions. Its technological foundation is the ADI blockchain, which has received support from over 20 countries, ensuring its transparency and scalability.

The UAE is reinforcing its position as a global crypto hub, committed to fostering innovation and enhancing trust in digital assets. This new stablecoin is not only an important step toward the future of finance but also poses a challenge to existing dollar-pegged stablecoins, strengthening the dirham's role in the global digital economy.

The future of payments has arrived—right in Abu Dhabi!