#AbuDhabiStablecoin Abu Dhabi is advancing its ambitions in the field of digital finance with a plan to launch a stablecoin that will be backed by the dirham and fully controlled by the Central Bank of the UAE. The initiative, led by major organizations — the International Holding Company (IHC), the Abu Dhabi Developmental Holding Company (ADQ), and the First Abu Dhabi Bank (FAB) — aims to enhance the security and efficiency of 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 systems and AI-based management processes. This move aligns with the UAE's strategy to position itself as a global leader in digital finance and blockchain technology.