ADI Chain and DDSC Blockchain infrastructure fueled by oil money Despite the challenges facing the crypto market, institutional adoption of RWA continues to grow. Today, we'll cover the ADI Chain and the soon-to-be-launched stablecoin, DDSC. 🇦🇪DDSC, pegged 1:1 to the Dirham The Dirham is the currency of the United Arab Emirates, and DDSC is a stablecoin pegged 1:1 to the Dirham. It's a legally-regulated coin licensed by the Central Bank of the UAE and launched under ADGM regulations. Backers include FAB (the largest bank in the UAE) and IHC (a major investment firm with a market cap of over 300 trillion won). 👉DDSC operates on the ADI Chain. It's a compliant chain built for institutional use, L2. The goal is to bring real economic activities like cross-border payments and real estate tokenization on-chain. 🤝The partner lineup is familiar... Mastercard signed an MOU and participated as a launch partner. Institutions like BlackRock and Franklin Templeton are attending the event and showing interest. For reference, gas fees are paid in $ADI. Yes. 💡One-Line Summary We see a trend of UAE oil money and financial infrastructure being integrated into blockchain. This content was created in collaboration with ADI Chain. ADI Website | X | Korean X
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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