DDSC was launched following the strategic collaboration between IHC, First Abu Dhabi Bank (FAB) and Sirius International Holding, supported by ADI Foundation's blockchain infrastructure. In May 2026, IHC successfully executed an AED 110 million (USD 30 million) institutional transaction using DDSC on ADI Chain, demonstrating the ecosystem's operational readiness following approval from the Central Bank of the UAE.
As demand continues to grow for efficient, transparent and compliant alternatives to traditional payment rails, particularly across emerging markets where latency, cost and operational complexity remain significant challenges, there is increasing demand for trusted digital infrastructure that supports secure and efficient value transfer. DDSC is a UAE dirham-backed stablecoin launched following the strategic collaboration between IHC, First Abu Dhabi Bank (FAB) and Sirius International Holding, and supported by ADI Foundation's blockchain infrastructure. The initiative was established to support secure, compliant and efficient digital transactions for institutions, businesses and individuals, while enabling seamless value transfer and settlement across global markets. The successful execution of an AED 110 million (approximately USD 30 million) transaction using DDSC on ADI Chain represents a defining milestone for the DDSC stablecoin ecosystem. The transaction demonstrates operational readiness, scalability and real-world applicability at institutional volume, while providing tangible validation of the infrastructure underpinning DDSC and ADI Chain, moving the initiative beyond development into live deployment. It signals the system's capability to support high-value, high-frequency financial flows, including cross-border payments, treasury operations and trade settlement.
IHC
Strategic collaborator and executed the AED 110 million transaction using DDSC on ADI Chain.
First Abu Dhabi Bank
Strategic collaborator in the launch of DDSC.
ADI Foundation
Provider of ADI Chain, the institutional Layer-2 blockchain supporting DDSC.