#AbuDhabiStablecoin

Abu Dhabi enters the digital arena: a national stablecoin is launching!

The UAE continues its confident movement towards the digital transformation of the economy. ADQ, IHC, and First Abu Dhabi Bank have joined forces to launch a new stablecoin pegged to the dirham, based on the ADI blockchain.

This stablecoin will be:

— fully regulated,

— backed 1:1 by dirhams,

— created under the supervision of the UAE Central Bank,

— aimed at simplifying local and international business payments.

Following the emergence of AE Coin — a digital asset focused on the country’s fintech ecosystem, this is the next strategic step towards the implementation of a national digital currency in the economy of the future.

Abu Dhabi is strengthening its position as a technological and financial center of the region, focusing not on hype but on infrastructure solutions for real businesses.