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๐Ÿ“Œ Abu Dhabi Licensed Stablecoin DDSC Launches on ADI Chain A stablecoin approved by the Central Bank of the UAE has been launched on ADI Chain. Its name is DDSC. ๐Ÿ“ฑ Original Tweet ๐Ÿ“ฑ ADI Korea Account โœ”๏ธ What is DDSC? - A stablecoin based on the Abu Dhabi dirham. - A formal stablecoin issued under the license of the Central Bank of the UAE (CBUAE) and regulations of the ADGM. - To be used for payments and transactions by Abu Dhabi institutions and individuals. - Launched by IHC (one of the world's largest investment firms) and FAB (Abu Dhabi Bank). - A structure used for cross-border payments, tokenized securities, government projects, and government-specific L3s. โœ”๏ธ What is ADI Chain? - Regulatory and government-friendly chain with EVM-compatible L2 for institutions - Onboarding for Abu Dhabi Real Estate (ADREC), NEAR, and government projects - Structured to allow governments and institutions to deploy their own L3 on top of L2 - Native currency: ADI token Abu Dhabi is also starting to launch stablecoins under the official central bank's management. Abu Dhabi always seems to be ahead of the curve in blockchain... Let's follow suit in Korea. Your hearts and likes are a huge boost to BQ content. ๐Ÿคฉ #DDSC #ADI #ADIChain #KOL

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