#AbuDhabiStablecoin

Hello esteemed community.

The United Arab Emirates seems ready to take a big step towards technology.

Abu Dhabi is advancing its ambitions in digital finance with a new stablecoin backed by the UAE dirham.

Announced on April 28, 2025, by the sovereign fund ADQ, First Abu Dhabi Bank (FAB), and International Holding Company (IHC). Fully regulated by the Central Bank of the UAE and issued by FAB, pending approval, the stablecoin will operate on the ADI blockchain.

Thus, the UAE may surpass many countries.

Good luck, friends.