#AbuDhabiStablecoin Abu Dhabi is advancing in the field of digital assets with the announcement of the launch of a new stablecoin backed by the UAE dirham. This initiative is led by major Emirati entities: IHC, ADQ, and First Abu Dhabi Bank (FAB), and will be regulated by the Central Bank of the UAE.

This digital currency is expected to enhance payment solutions and strengthen the country's digital infrastructure. It will operate on the ADI blockchain, developed in the UAE. This move positions the UAE as a leading center in blockchain innovation and financial technology.