#AbuDhabiStablecoin Abu Dhabi's institutional giants, ADQ, First Abu Dhabi Bank (FAB), and International Holding Company (IHC), have partnered to launch a dirham-backed stablecoin. This digital currency, regulated by the UAE's central bank, aims to advance payment solutions and digital infrastructure in the region.

*Key Features:*

- *Backed by Dirham*: The stablecoin will be pegged to the UAE dirham, ensuring stability and reducing volatility.

- *Regulatory Compliance*: The UAE Central Bank will oversee the stablecoin, providing a secure and trustworthy framework.

- *ADI Blockchain*: The stablecoin will operate on the ADI blockchain, developed by the ADI Foundation, enabling secure, transparent, and efficient transactions.

- *Use Cases*: The stablecoin will support various applications, including machine-to-machine transactions and artificial intelligence-driven processes.

*Goals and Impact:*

- *Digital Infrastructure*: Strengthening the UAE's digital infrastructure ecosystem.

- *Innovation*: Positioning the UAE at the forefront of global blockchain innovation.

- *Growth*: Creating new opportunities for growth and value creation.

*Partnership Benefits:*

- *ADQ*: Enhancing the UAE's digital economy and financial infrastructure.

- *FAB*: Driving growth in the UAE's fintech sector.

- *IHC*: Exploring the vast potential of digital currencies ¹ ² ³.