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<p>UAE Launches First Regulated Dirham Stablecoin on Public Blockchain

The UAE Central Bank approved DDSC, developed by International Holding Company, First Abu Dhabi Bank, and partners, which launched today on ADI Chain—an Ethereum Layer-2 built for institutional use. FAB handles custody and offers it to customers in 20 markets, targeting payments, treasury, and cross-border trade. Leaders like FAB's Futoon Al Mazrouei and IHC's Syed Basar Shueb hailed it as a responsible milestone that modernizes finance and cuts costs for MENA remittances worth $40 billion yearly.</p>

UAE Launches First Regulated Dirham Stablecoin on Public Blockchain
The UAE Central Bank approved DDSC, developed by International Holding Company, First Abu Dhabi Bank, and partners, which launched today on ADI Chain—an Ethereum Layer-2 built for institutional use. FAB handles custody and offers it to customers in 20 markets, targeting payments, treasury, and cross-border trade. Leaders like FAB's Futoon Al Mazrouei and IHC's Syed Basar Shueb hailed it as a responsible milestone that modernizes

UAE Launches First Regulated Dirham Stablecoin on Public Blockchain The UAE Central Bank approved DDSC, developed by International Holding Company, First Abu Dhabi Bank, and partners, which launched today on ADI Chain—an Ethereum Layer-2 built for institutional use. FAB handles custody and offers it to customers in 20 markets, targeting payments, treasury, and cross-border trade. Leaders like FAB's Futoon Al Mazrouei and IHC's Syed Basar Shueb hailed it as a responsible milestone that modernizes finance and cuts costs for MENA remittances worth $40 billion yearly.

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