On April 28, #阿布扎比稳定币 4, International Holding Company (IHC) of the UAE, Abu Dhabi Developmental Holding Company (ADQ), and First Abu Dhabi Bank (FAB) announced plans to launch a new stablecoin backed by the dirham. The coin will be fully regulated by the Central Bank of the UAE and issued by FAB. It is pegged to the dirham at a 1:1 ratio, operates on the ADI blockchain, and provides reliable and secure payment solutions for various transactions.