The UAE Just Processed One Of Its Largest Stablecoin Transactions Ever

[kevin1]

International Holding Company completed a 110 million dirham transaction using the DDSC stablecoin on ADI Chain, marking one of the largest publicly disclosed stablecoin transfers executed in the UAE so far. The transaction comes shortly after the UAE central bank approved the dirham backed stablecoin ecosystem developed by IHC, First Abu Dhabi Bank, and Sirius International Holding.

The move highlights how quickly the UAE is positioning itself as a major global hub for regulated digital finance. Unlike speculative crypto use cases, the focus here is institutional infrastructure including cross border payments, treasury operations, and large scale financial settlement systems. Stablecoins are increasingly evolving from retail trading tools into serious financial infrastructure for governments, banks, and multinational institutions.

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while some countries are still debating crypto

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the uae already started building the financial infrastructure for the sequel