#AbuDhabiStablecoin #AbuDhabiStablecoin In April 2025, the launch of a new stablecoin backed by the UAE dirham was announced in Abu Dhabi. The project is carried out in collaboration between three major financial institutions:

• International Holding Company (IHC)

• ADQ (sovereign investment fund)

• First Abu Dhabi Bank (FAB) (the largest bank in the UAE)

Key features of the stablecoin

• Guarantee: The stablecoin will be fully backed by the UAE dirham and regulated by the UAE Central Bank (CBUAE), ensuring stability and trust from users. 

• Technology platform: This digital currency will operate on the ADI blockchain, developed by the ADI Foundation. This platform provides a secure and scalable infrastructure for digital payments and already has partnerships with governments in over 20 countries. 

• Applications: The stablecoin is intended for a wide range of users — from individuals to corporations and government institutions. It will be used for everyday payments, cross-border transactions, as well as in new digital scenarios, such as interactions between machines and applications that utilize artificial intelligence.