The UAE just made a move that could rewrite the playbook for government blockchain adoption. ADI Chain is now handling official settlement transactions for the country's government operations—not on some closed, proprietary system, but on fully public blockchain infrastructure.

Here's what makes this wild: First Abu Dhabi Bank, sitting on $300 billion in assets, teamed up with IHC (market cap pushing $240 billion) to launch a dirham stablecoin. But here's the kicker—this isn't your typical private CBDC experiment locked behind institutional walls. We're talking central bank regulated digital currency running on open, accessible rails that anyone can verify.

And this isn't just a pilot program collecting dust. There are already 50 projects actively building on this infrastructure. Think about the implications when traditional finance heavyweights of this caliber commit to public blockchain settlement instead of keeping everything in walled gardens. Could be the template other nations start eyeing real close.