#AbuDhabiStablecoin

Abu Dhabi is advancing its digital finance ambitions with a dirham-backed stablecoin, announced on April 28, 2025, by ADQ, First Abu Dhabi Bank (FAB), and International Holding Company (IHC). Fully regulated by the UAE Central Bank, this stablecoin, issued by FAB, will operate on the ADI blockchain, ensuring security and transparency. It aims to facilitate cross-border payments, machine-to-machine transactions, and AI-related financial activities, strengthening the UAE’s digital economy. This follows the launch of AE Coin in December 2024, reinforcing Abu Dhabi’s role as a global blockchain innovation hub, with potential to transform finance and commerce.