#AbuDhabiStablecoin | UAE’s Digital Finance Leap with Caution

On April 28, 2025, Abu Dhabi's financial heavyweights—ADQ, IHC, and First Abu Dhabi Bank—unveiled plans for a regulated, dirham-backed stablecoin on the ADI blockchain, pending UAE Central Bank approval. The move aims to modernize payments, promote financial inclusion, and cement the UAE’s status as a digital finance pioneer. Proponents praise its potential to streamline transactions, while critics urge caution over regulatory risks and system integration. Following the success of AE Coin, this initiative could shape how governments approach stablecoin adoption. If executed well, it might become a benchmark for state-backed digital currency innovations in the Middle East and beyond.