Shariah-Compliant PUSD Stablecoin Integrates with ADI Chain

PUSD expands to ADI Chain in Middle East stablecoin push

PUSD launched on ADI Chain, adding a Shariah-compliant stablecoin backed by Gulf currencies for Middle East settlement use in finance today.

INSTITUTIONAL | Shariah-Compliant Backed by Gulf Currencies Deploys on ADI Chain for Institutional Settlement

A Shariah-compliant stablecoin, PUSD, is set to launch on the ADI Chain, a Layer 2 blockchain focused on institutional settlement in the Middle East, as it seeks to tap into the global Islamic finance market valued at more than $3 trillion. PUSD, which has roughly $2.3 billion in circulation, is backed 1:1 by reserves held in Saudi Riyals and United Arab Emirates Dirhams, both of which are pegged to the U.S. dollar, according to a recent announc…

PUSD stablecoin deploys on ADI Chain, targeting $3T Islamic finance market

The Shariah-compliant stablecoin backed by Gulf currencies expands to a new Layer 2 network aimed at institutional settlement in the Middle East.

Shariah-Compliant PUSD Stablecoin Integrates with ADI Chain

PUSD, a Shariah-compliant stablecoin backed by Gulf currencies, is deploying on ADI Chain as issuers expand into Islamic finance and regulated digital asset markets in the Middle East.