Abu Dhabi has recently launched a stablecoin supported by dirhams (AED), aimed at accelerating the adoption of digital currency in the UAE and optimizing the payment system. Sovereign wealth fund ADQ, First Abu Dhabi Bank (FAB), and International Holding Company (IHC) collaborated, with FAB responsible for issuance and regulated by the Central Bank of the UAE. The stablecoin operates on the ADI blockchain, supporting daily transactions and payments between AI and machines, intending to enhance regional financial infrastructure and promote Abu Dhabi as a global blockchain innovation hub. This move challenges the dominance of the US dollar stablecoin and showcases the UAE's ambitions in the digital economy.