International Holding Company (IHC) has completed an AED 110 million ($30M) transaction using DDSC, placing a regulated dirham-backed stablecoin into live institutional use.
The Abu Dhabi investment group executed the transfer on ADI Chain, an institutional Layer-2 blockchain developed by ADI Foundation. The payment follows the Central Bank of the UAE’s approval of DDSC, which was developed through IHC, First Abu Dhabi Bank, and Sirius International Holding.
The transaction marks a shift from regulatory clearance to practical use. For institutions, that distinction matters as digital payment systems are often judged by live settlement, not design claims.
IHC said DDSC is built for secure and compliant digital transactions across institutions, businesses, and individuals. Consequently, the AED 110 million payment shows how the token can move high-value funds on a regulated infrastructure.
According to a local media report, CEO Syed Basar Shueb said the transaction showed the UAE’s digital infrastructure is “live, resilient, and ready” for institutional financial activity. He added that executing the transfer on the ADI Chain shows institutional-grade digital assets are already operating at scale.
(adsbygoogle = window.adsbygoogle || []).push({});The payment presents DDSC with one of its most visible institutional tests since its approval. It also places ADI Chain at the center of a transaction designed for regulated financial activity.
Essentially, DDSC is positioned for cross-border payments, treasury operations, and trade settlement. These areas often face delays, high costs, and operational complexity through traditional payment rails.
However, a dirham-backed token can help institutions settle value faster when the legal and compliance framework is already defined. In this case, the Central Bank’s approval gives the transaction added regulatory weight.
With the $30 million transaction complete, IHC has moved DDSC from policy approval into operational use. For now, the next phase will depend on institutional adoption across payment corridors, treasury systems, and trade settlement networks.
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