
ADI Chain gains Ledger support in UAE push
Ledger added native support for the ADI token linked to ADI Chain as the UAE-backed blockchain network expands its stablecoin and tokenised asset infrastructure.
ADI Chain is backed by Abu Dhabi-based Sirius International Holding, a subsidiary of International Holding Company, and supports the DDSC stablecoin ecosystem launched with First Abu Dhabi Bank.
The integration allows users to store and manage the $ADI token through Ledger Wallet and Ledger’s hardware devices, while ADI Foundation said the network is designed for regulated stablecoins, tokenised real-world assets and institutional settlement infrastructure.
ADI Foundation said ADI Chain is focused on enterprise use cases including cross-border payments, treasury operations and trade settlement, with $ADI functioning as the network’s native gas token.
The announcement follows a previously disclosed 110 million dirham ($30 million) DDSC transfer that International Holding Company described as one of the largest publicly disclosed stablecoin transactions completed in the UAE.
Outside the UAE, euro-denominated stablecoins continue gaining traction despite representing less than 1% of global stablecoin volume, according to recent industry reports examining the impact of Europe’s Markets in Crypto-Assets Regulation framework.
A March report from Visa-commissioned Dune Analytics estimated the broader non-dollar stablecoin market at roughly $1.2 billion, while European institutions including euro stablecoin consortium Qivalis are accelerating efforts to build regulated local-currency alternatives to US dollar-backed stablecoins.