The dirham is the stable currency in Abu Dhabi. The United Arab Emirates will operate the ADI blockchain technology for the dirham. Abu Dhabi institutions and the UAE sovereign wealth fund have decided to launch a new stablecoin linked to the dirham.

The UAE Central Bank will regulate the stablecoins linked to the dirham. These currencies will support automated transactions and artificial intelligence. In short, what are the transactions conducted on USDT and USDC? The same mechanisms will be developed for the digital currency.

They want to trade on global blockchain mechanisms or systems (innovation).

Abu Dhabi Foundation will develop the AD1 blockchain for the digital dirham.