IHC announced the successful execution of an AED 110 million (approximately USD 30 million) transaction using DDSC on ADI Chain, marking one of the largest single stablecoin transactions executed in the region.
According to the company, the transaction demonstrates the operational readiness and institutional-scale capability of the DDSC stablecoin ecosystem and ADI Chain infrastructure.
DDSC is a UAE dirham-backed stablecoin launched through a collaboration between:
• IHC
• First Abu Dhabi Bank (FAB)
• Sirius International Holding
The stablecoin operates on ADI Chain, an institutional Layer-2 blockchain developed by the Abu Dhabi-based ADI Foundation.
The transaction follows recent approval from the Central Bank of the UAE for the launch of DDSC under the UAE’s Payment Token Services Regulation framework.
IHC stated that the transaction validates the infrastructure’s ability to support:
• Institutional-scale digital payments
• Cross-border transactions
• Treasury operations
• Trade settlement
• High-frequency financial flows
The company added that the initiative is designed to support secure, compliant and efficient digital transactions for institutions, businesses and individuals across global markets.
According to IHC, the next phase of the DDSC ecosystem will focus on broader institutional adoption, expanded use cases and the development of cross-border payment corridors connecting the Middle East with international markets.
IHC stated that the milestone reinforces the UAE’s position as a global hub for regulated digital asset infrastructure and next-generation financial innovation.
Source: Abu Dhabi Securities Exchange (ADX) Disclosure / IHC
Disclaimer: This post is for informational purposes only and should not be considered investment or financial advice.