Dubai maritime tokenization platform Shipfinex has partnered with ADI Chain to tokenize a pipeline of 35 vessels valued at $500 million, utilizing stablecoins for distribution and settlement.
ADI Chain et Shipfinex s'associent pour tokeniser 35 navires commerciaux représentant un portefeuille d'environ 500 millions de dollars, ouvrant le financement maritime à la blockchain aux Émirats arabes unis.
Ledger now supports the ADI token on ADI Chain, a UAE-linked layer-2 network focused on stablecoins and tokenized assets. Backed by International Holding Company, ADI Chain aims for institutional use cases like cross-border payments and trade settlement.
The International Holding Company (IHC) completed a 110 million dirham ($30 million) transaction using the DDSC stablecoin on ADI Chain, marking one of the largest disclosed stablecoin transfers in the UAE. This follows regulatory approval for the dirham-backed stablecoin ecosystem.
The Shariah-compliant stablecoin backed by Gulf currencies expands to a new Layer-2 network aimed at institutional settlement in the Middle East.
The Shariah-compliant stablecoin backed by Gulf currencies expands to a new Layer 2 network aimed at institutional settlement in the Middle East.
