#AbuDhabiStablecoin

On April 28, 2025, Abu Dhabi's ADQ, First Abu Dhabi Bank, and International Holding Company announced plans for a dirham- backed stablecoin, regulated by the UAE Central Bank. Operating on the ADI blockchain, this digital currency aims to enhance financial inclusion and streamline digital payments. It follows the UAE's earlier launch of AE Coin in December 2024, reflecting the nation's push to lead in blockchain innovation. The initiative, pending regulatory approval, underscores Abu Dhabi's ambition to modernize its financial ecosystem and strengthen its position in the global fintech landscape, aligning with the UAE's broader digital currency strategy.

#AbuDhabiStablecoin