#AbuDhabiStablecoin #AbuDhabiStablecoin

Abu Dhabi is advancing in its cryptocurrency strategy by launching a plan for a stablecoin linked to the dirham.

The announcement was made on April 28, 2025, by three major institutions: the sovereign fund ADQ, First Abu Dhabi Bank (FAB), and 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 objective is to facilitate digital payments and strengthen the digital asset ecosystem in the country.