#AbuDhabiStablecoin The #AbuDhabiStablecoin refers to a dirham-backed stablecoin, AE Coin, announced by Abu Dhabi institutions ADQ, First Abu Dhabi Bank (FAB), and International Holding Company (IHC). Fully regulated by the UAE Central Bank, it operates on the ADI blockchain, developed by the ADI Foundation. The stablecoin aims to facilitate secure, transparent digital payments and enhance financial inclusion, supporting the UAE’s digital economy goals. Announced on April 28, 2025, it has no confirmed launch timeline yet. The initiative positions Abu Dhabi as a fintech leader, potentially challenging USD-backed stablecoins.
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