#AbuDhabiStablecoin Abu Dhabi is advancing its digital currency landscape with a new UAE dirham-backed stablecoin, announced on April 29, 2025. Spearheaded by ADQ, First Abu Dhabi Bank, and International Holding Company, this stablecoin will be fully regulated by the UAE Central Bank, pending approval. It aims to enhance digital transactions, offering stability for everyday use by citizens, businesses, and institutions. Operating on the ADI blockchain, it supports the UAE’s goal to modernize payments and bolster its fintech ecosystem. This follows the earlier launch of AE Coin in December 2024, reinforcing Abu Dhabi’s commitment to becoming a global digital asset hub.