Just yesterday, a new stablecoin was launched. The emergence of a new stablecoin isn't actually anything to be surprised about. In the past few years, stablecoins have become so numerous they've become numbingly commonplace, from USDT and USDC to algorithmic stablecoins and various "innovative" stablecoins; the market has seen it all. But this time is different. This one is named DDSC.
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ADI Chain
@ADIChain_
02-12
The UAE Dirham is now live on ADI Chain.
Initiated by @ihc__official and First Abu Dhabi Bank (@FABConnects), approved and licensed by @centralbankuae, the DDSC stablecoin is backed 1:1 by UAE Dirham reserves.
DDSC is hosted exclusively on ADI Chain’s compliance-ready
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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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