#AbuDhabiStablecoin Newly Announced Stablecoin Pegged to the Dirham:

* As of today, April 29, 2025, major institutions in Abu Dhabi (ADQ, IHC, and First Abu Dhabi Bank) have announced plans to launch a stablecoin pegged to the United Arab Emirates dirham (AED).

* This initiative is supported and will be regulated by the Central Bank of the UAE.

* The goal is to enhance payment solutions and support innovation in the digital asset space in the UAE and potentially in the broader MENA region.

* The stablecoin will operate on the ADI blockchain.