#AbuDhabiStablecoin Abu Dhabi advances in its cryptocurrency strategy by launching a plan to create a stablecoin pegged to the dirham.

The announcement was made on April 28, 2025, by three major institutions: the sovereign fund ADQ, the First Abu Dhabi Bank (FAB), and the International Holding Company (IHC).

This stablecoin will be fully regulated by the Central Bank of the United Arab Emirates and will operate on the ADI blockchain.

Its main goal is to simplify digital payments and strengthen the digital asset ecosystem in the country.