#AbuDhabiStablecoin Abu Dhabi pushes its digital financial ambitions with a plan to launch a stablecoin backed by the dirham, fully regulated by the Central Bank of the United Arab Emirates. Led by major institutions—the International Holding Company (IHC), the Abu Dhabi Developmental Investment Company (ADQ), and First Abu Dhabi Bank (FAB)—this initiative aims to enhance secure and efficient digital transactions across various sectors. The stablecoin will operate on the ADI blockchain, developed by the ADI Fund, and will support applications such as machine-to-machine payments and AI-controlled processes. This initiative is part of the United Arab Emirates' strategy to position itself as a global leader in digital finance and blockchain technology.