#AbuDhabiStablecoin According to the press release, this project will be under the supervision of the Central Bank of the United Arab Emirates and will be implemented through FAB. The new stablecoin based on the ADI blockchain platform is intended for everyday transactions as well as more complex digital interactions — including in the fields of artificial intelligence and automated transactions between "smart" devices.

The project coordinator emphasized that the launch of the new token will strengthen the UAE's digital financial ecosystem and will contribute to the country's transformation into one of the world's major hubs in the fintech sector.

It is worth noting that to date, ADQ manages assets worth over $200 billion, and the International Holding Company (IHC) is among the largest publicly traded companies in the country based on market capitalization.