Business · Markets · 1 hr ago
Gibraltar and ADI Foundation explore multi-currency stablecoin consortium
Gibraltar’s government and the ADI Foundation have signed a memorandum of understanding to explore a stablecoin consortium.
A stablecoin is a digital currency designed to track the value of another currency.
The proposed digital currencies would be linked to sterling, the US dollar and the euro, and would be fully reserved.
The project would involve founding members from banks and other institutions licensed in Gibraltar.
ADI Foundation would explore setting up the consortium, with issuance infrastructure provided through ADI Chain.
The aim is to build regulated infrastructure for settling payments across international markets.
The agreement starts an exploration; it does not say that the currencies have been launched.
Gibraltar’s government and the ADI Foundation signed a memorandum of understanding to explore a multi-currency stablecoin consortium.
The proposed consortium would develop fully reserved digital currencies referenced to sterling, the US dollar and the euro.
The currencies would use issuance infrastructure provided through ADI Chain.
Potential founding members include banks and other institutions licensed in Gibraltar.
The initiative aims to build regulated digital financial infrastructure connecting international markets.
- Who
- His Majesty’s Government of Gibraltar and the ADI Foundation.
- What
- They signed an agreement to explore a consortium developing fully reserved, multi-currency stablecoins.
- When
- October 12, 2026.
- Where
- Gibraltar; the announcement also named Abu Dhabi, United Arab Emirates.
- Why
- To explore regulated digital financial infrastructure connecting international markets.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
This story does not have a timeline yet.
- Agreement
- Memorandum of understanding signed
- Currencies
- Sterling, US dollar and euro
- Platform
- ADI Chain
- Potential founding members
- Banks and other institutions licensed in Gibraltar
Sources
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