Home UAE-linked ADI Chain Gains Ledger Support Amid Stablecoin Expansion

UAE-linked ADI Chain Gains Ledger Support Amid Stablecoin Expansion

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UAE-linked ADI Chain Gains Ledger Support Amid Stablecoin Expansion
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ADI Chain is backed by Sirius International Holding, a subsidiary of International Holding Company in Abu Dhabi, and is linked to the DDSC stablecoin ecosystem launched with First Abu Dhabi Bank.

With this integration, users can store and manage ADI tokens directly through Ledger’s wallet and hardware devices. The ADI Foundation says the blockchain is mainly for institutional uses like cross-border settlements, treasury operations, and trade finance.

This news follows a recent 110-million-dirham stablecoin transfer in the DDSC ecosystem, described as one of the largest public stablecoin transactions in the UAE.

The stablecoin market is also growing quickly outside the US dollar. Recent reports say euro-backed stablecoins are being used more for cross-border payments, payroll, and treasury management, especially after the EU’s Markets in Crypto-Assets (MiCA) rules took effect.

Meanwhile, regulators and industry players are debating if strict reserve and compliance rules make non-dollar stablecoins safer but less competitive than US dollar-backed ones.

The ADI-Ledger integration shows how Middle Eastern blockchain projects are positioning themselves to benefit from rising institutional interest in tokenized assets and regulated digital payments.

The ADI-Ledger integration reflects how blockchain infrastructure projects in the Middle East are positioning themselves to benefit from growing institutional interest in tokenized assets and regulated digital payment systems.

 

Stay informed with the latest trends in Web3, blockchain innovation, and cybersecurity updates at 3verseTV

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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