Key Takeaways:
IHC executed a landmark $30 million transaction using the new DDSC token on ADI Chain.This milestone expands the UAE crypto market, following approvals for Mbank’s AE Coin and Zand’s AEDZ.Developers now plan to connect the Middle East with global markets via new DDSC digital trade corridors.Officials said the multimillion-dollar transaction demonstrates the digital currency ecosystem’s operational readiness and ability to handle institutional volumes. DDSC was created through a partnership among IHC, First Abu Dhabi Bank and Sirius International Holding, with technological support from the ADI Foundation.
“This transaction demonstrates that the UAE’s digital infrastructure is live, resilient, and ready to support real institutional financial activity,” Syed Basar Shueb, chief executive officer of IHC, said in a statement. “Executing 110 million DDSC on ADI Chain is a clear signal that we are entering the next phase, where institutional-grade digital assets are not only viable, but operational at scale.”
