#AbuDhabiStablecoin Abu Dhabi boosts its digital finance ambition with a project to launch a stablecoin backed by the dirham, fully managed by the Central Bank of the United Arab Emirates. Led by major organizations—the International Holding Company (IHC), the Abu Dhabi Developmental Investment Company (ADQ), and First Abu Dhabi Bank (FAB)—this initiative aims to enhance secure and efficient digital transactions across various sectors. The stablecoin will operate on the ADI blockchain, developed by the ADI Foundation, supporting applications such as machine-to-machine payment and AI-controlled processes. This move aligns with the UAE's strategy to position itself as a global leader in digital finance and blockchain technology.