Shariah-Compliant PUSD Stablecoin Integrates With ADI Chain
PUSD, a Shariah-compliant stablecoin backed by Gulf currencies, is deploying on ADI Chain as issuers expand into Islamic finance and regulated digital asset markets in the Middle East.
➤ PUSD, a Shariah-compliant stablecoin backed by Gulf currencies, is integrating with ADI Chain, a Middle East-focused Layer 2 network for institutional settlement. ➤ This integration aims to expand access to Islamic finance markets and offers institutions the ability to settle transactions using either dollar-linked or dirham-denominated tokens. ➤ The UAE is actively developing a regulatory framework for digital assets, with several initiatives exploring dirham-pegged stablecoins for payments and cross-border settlement.
