Fasset Partners with ADI Foundation for Dirham-Backed Stablecoin in Abu Dhabi

On December 24, 2025, Fasset announced a strategic partnership with the ADI Foundation in Abu Dhabi. This non-profit organization, founded by Sirius International Holding, has entrusted Fasset with compliant onboarding, KYC, and on- off-ramp infrastructure for its upcoming Dirham-backed stablecoin, issued by First Abu Dhabi Bank and IHC.
The collaboration aims to boost institutional blockchain adoption in the UAE and the MENA region. Fasset brings to the table 26.7 million in funding and regulatory approvals from various jurisdictions.
This partnership reflects the shift from testing to real-world deployment of digital asset infrastructure,
said Daniel Ahmed, COO and Co-Founder of Fasset.