UAE Stablecoin Infrastructure Expands with $30M Institutional Transaction

The UAE has taken another step towards becoming a hub for digital assets with the processing of a $30 million institutional transaction on the DDSC stablecoin platform.

DDSC, which operates on ADI Chain, a layer-2 blockchain developed by the ADI Foundation, is a dirham-backed stablecoin ecosystem that was recently approved by the UAE central bank. The large-scale transaction is one of the first major deals to be executed using the platform and demonstrates its capabilities for institutional use cases such as cross-border payments, treasury operations, and trade settlement.

The announcement comes as part of a growing trend in the UAE towards regulated stablecoin infrastructure. The country has been attracting global crypto exchanges and financial institutions seeking access to the regional market through licensed digital asset services tied to payments, custody, and institutional trading.