IHC, Sirius International Holding and First Abu Dhabi Bank (FAB) have announced that the Central Bank of the UAE has approved the UAE dirham-backed stablecoin DDSC to go live, marking a milestone in the country’s regulated digital finance framework.
DDSC will operate on ADI Chain, an institutional Layer-2 blockchain developed by the Abu Dhabi-based ADI Foundation. Moreover, the stablecoin builds on an initiative first announced in April 2025 by IHC and FAB. Sirius International Holding has now joined to support deployment, integration and institutional adoption.
Institutional use cases targeted
DDSC is structured as a compliant digital financial instrument for institutional and government-led applications. Therefore, it is positioned to support payments and collections, high-value settlement and treasury operations, trade and supply-chain flows, and programmable financial services for regulated entities.
FAB customers are expected to access DDSC through approved platforms. As a result, institutional and enterprise users can transact within a regulated and transparent framework.
Infrastructure and regulatory alignment
ADI Chain has been purpose-built to bridge traditional finance with blockchain-based systems. Consequently, regulated entities can participate in digital asset ecosystems without compromising oversight, security or compliance.
Executives said the launch reflects the growing maturity of stablecoins within mainstream financial infrastructure. With regulatory approval secured, DDSC now enters its operational phase, aligning institutional finance more closely with the evolving digital asset economy.
