#AbuDhabiStablecoin Abu Dhabi is promoting its digital financial ambitions with a plan to launch a stablecoin backed by dirhams, fully regulated by the UAE Central Bank. Led by major institutions—the International Holding Company (IHC), Abu Dhabi Developmental Holding 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, supporting applications such as machine-to-machine payments and AI-controlled processes. This move aligns with the UAE's strategy to position itself as a global leader in digital finance and blockchain technology.