#AbuDhabiStablecoin Abu Dhabi is advancing its digital asset strategy with a **dirham-backed stablecoin**, developed by **sovereign wealth fund ADQ, First Abu Dhabi Bank (FAB), and International Holding Company (IHC)**. The stablecoin will be **regulated by the UAE’s central bank** and issued by FAB, ensuring compliance with financial standards. It will operate on the **ADI blockchain**, designed to modernize transactions for businesses and consumers. The initiative aligns with the UAE’s broader fintech ambitions, aiming to **strengthen digital infrastructure** and position Abu Dhabi as a global blockchain hub. If approved, it could enhance **trusted digital payments** and drive further innovation in the region.