A hashtag #AbuDhabiStablecoin gained prominence in April 2025 with the announcement of a new stablecoin backed by the United Arab Emirates dirham (AED).

The initiative is the result of a partnership between the sovereign fund ADQ, the conglomerate International Holding Company (IHC), and the First Abu Dhabi Bank (FAB), the largest bank in the country. The stablecoin will be issued by FAB and will operate on the locally developed ADI blockchain, subject to the approval of the Central Bank of the United Arab Emirates.

The goal is to modernize digital payments, offering a secure and efficient alternative for everyday and business transactions, both locally and globally.

Additionally, the project aims to integrate emerging technologies such as artificial intelligence and machine-to-machine transactions, positioning Abu Dhabi as a center for innovation in digital assets.

The expectation is that the stablecoin will be launched by the end of 2025, reinforcing the commitment of the United Arab Emirates to digital transformation and leadership in the global financial sector.