On April 28, #阿布扎比稳定币 2025, the three major financial institutions in Abu Dhabi—Sovereign Wealth Fund ADQ, International Holding Company (IHC), and First Abu Dhabi Bank (FAB)—announced plans to launch a stablecoin backed by the United Arab Emirates Dirham (AED). This stablecoin will be issued by FAB and will operate under the full supervision of the Central Bank of the UAE, aimed at promoting the development of the country's digital financial infrastructure.

This stablecoin will be deployed on the ADI blockchain developed by the ADI Foundation, supporting various application scenarios including artificial intelligence and machine-to-machine (M2M) transactions. The project marks an important step for the UAE in the global stablecoin arena, aimed at enhancing payment efficiency, increasing financial inclusion, and solidifying its position as a global fintech innovation hub.