#阿布扎比稳定币 Abu Dhabi's Three Major Institutions Join Forces, Launch of the Dirham Stablecoin Shocks the Market
On April 28, 2025, the financial industry welcomed significant news: International Holding Company (IHC) of the UAE, the sovereign wealth fund Abu Dhabi Development Holding Company (ADQ), and First Abu Dhabi Bank (FAB) announced an ambitious plan—a joint launch of a new stablecoin backed by the UAE Dirham. This initiative not only represents a major breakthrough for Abu Dhabi in the digital asset field but also marks the UAE's further consolidation in the global financial innovation landscape.
Regulatory Support, Compliance First
The stablecoin will operate under the comprehensive supervision of the Central Bank of the UAE, with issuance managed by FAB, which ranks first in asset size in the UAE. The strict regulatory framework ensures the stability and reliability of the stablecoin, providing a “boost” for investors and users. In a volatile cryptocurrency market with ambiguous regulatory policies, Abu Dhabi's approach undoubtedly sets a compliance benchmark for the issuance of global stablecoins.
Technology Empowerment, Efficient and Reliable
The new stablecoin will run on the adi blockchain, a local blockchain technology developed by the adi foundation, aimed at providing blockchain application support for traditional financial systems and governments. With its security, transparency, and efficiency, the adi blockchain lays a solid foundation for the stable operation of the stablecoin, ensuring that every transaction can be executed quickly and accurately, whether for daily consumption or emerging machine-to-machine payment scenarios.
Diverse Scenarios, Comprehensive Coverage
According to a statement released by the three parties, the stablecoin will serve as a reliable digital currency, widely applied in various daily scenarios for citizens, consumers, businesses, and institutions. From shopping in malls to cross-border trade, from online payments to financial investments, the Dirham stablecoin will become a convenient and efficient payment option. Additionally, it will support emerging digital application scenarios driven by machine-to-machine and artificial intelligence, paving new paths for the development of the future digital economy.