#AbuDhabiStablecoin

Abu Dhabi to Launch Dirham-Backed Stablecoin, Marking a New Era for Digital Payments

Abu Dhabi is set to launch its own stablecoin pegged to the UAE dirham, in a move led by three major financial entities: the sovereign wealth fund ADQ, International Holding Company (IHC), and First Abu Dhabi Bank (FAB). The new stablecoin will be fully regulated by the Central Bank of the UAE and issued by FAB, pending final regulatory approval.

This digital currency aims to provide a secure, efficient, and scalable payment solution for individuals, businesses, and institutions, supporting both everyday transactions and emerging digital use cases such as AI-driven payments and machine-to-machine transfers. The stablecoin will operate on the ADI blockchain, a network designed to connect traditional finance with next-generation digital infrastructure.

The initiative is part of the UAE’s broader strategy to become a global hub for digital assets and financial innovation. The stablecoin is expected to launch for retail use by the last quarter of 2025, further strengthening the UAE’s position at the forefront of blockchain adoption and regulated digital finance.