#AbuDhabiStablecoin Abu Dhabi is set to launch a dirham-backed stablecoin, marking a significant stride in the UAE's digital finance landscape. Spearheaded by International Holding Company (IHC), ADQ and First Abu Dhabi Bank (FAB), the stablecoin will be regulated by the Central Bank of the UAE and operate on the ADI blockchain, pending approval. Designed to facilitate secure and efficient transactions, it aims to serve consumers, businesses, and institutions, both locally and globally. This initiative underscores the UAE's commitment to integrating blockchain technology into its financial infrastructure, positioning the nation as a leader in digital currency adoption.