#AbuDhabiStablecoin

In April 2025, the launch of a new stablecoin backed by the United Arab Emirates dirhams was announced in Abu Dhabi. The project is a collaboration between three major financial institutions:

• International Holding Company (IHC)

• ADQ (sovereign investment fund)

• First Abu Dhabi Bank (FAB) (the largest bank in the United Arab Emirates)

Key features of the stablecoin

• Backing: The stablecoin will be fully backed by the United Arab Emirates dirhams and will be regulated by the Central Bank of the United Arab Emirates (CBUAE), thus ensuring its stability and trust from users. 

• Technological platform: The 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 has already established partnerships with the governments of over 20 countries. 

• Applicability: The stablecoin is intended for a wide range of users, from individuals to businesses and public institutions. It will be used for everyday payments, cross-border transactions, as well as in new digital scenarios, such as interaction between machines and applications that use artificial intelligence.