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via Cointelegraph · By Cointelegraph Staff

IHC Executes $30M DDSC Stablecoin Transfer on ADI Chain

CS
Cointelegraph Staff
(07:00 AM UTC)
1 min read
SC
Updated bySarah Chen

The International Holding Company (IHC) executed a 110 million dirham ($30 million) transaction using the DDSC stablecoin on ADI Chain. The company described the transfer as one of the largest disclosed stablecoin transactions executed in the United Arab Emirates.

The transaction follows recent approval from the UAE central bank for the dirham-backed stablecoin ecosystem launched…

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