The Abu Dhabi stablecoin #阿布扎比稳定币 is jointly launched by the Abu Dhabi Sovereign Wealth Fund ADQ, International Holding Company IHC, and First Abu Dhabi Bank FAB. It is backed by the UAE Dirham and fully regulated by the Central Bank of the UAE.

This stablecoin is based on the ADI blockchain technology developed domestically in the UAE, aiming to provide individuals, businesses, and institutions with reliable, secure, transparent, and efficient payment solutions to facilitate everyday transactions and the development of emerging digital use cases, enhancing Abu Dhabi's role in the global digital economy. Its launch is an important initiative for the UAE to realize its vision of becoming a global leader in digital assets, helping to strengthen the country's digital infrastructure, promote fintech innovation, and support the development of the local and global cryptocurrency markets.