Ledger, a leading cryptocurrency hardware wallet provider, has incorporated native support for the $ADI token, which operates on the ADI Chain network linked to the United Arab Emirates. This integration enables users to securely store and manage $ADI through Ledger’s wallet and hardware signing devices, marking a significant step for institutional blockchain infrastructure in the Gulf region.
The ADI Chain, developed by the ADI Foundation and backed by Abu Dhabi’s Sirius International Holding—a subsidiary of International Holding Company—is a layer-2 blockchain designed primarily for stablecoins and tokenized real-world assets. Its primary utility spans cross-border payments, treasury management, and trade settlements, tailored to meet institutional demand. $ADI serves as the network’s native gas token, fueling transactions within this regulated environment.
Supporting the broader rollout, the International Holding Company recently disclosed a substantial transaction involving 110 million dirhams (approximately $30 million) using the DDSC stablecoin, part of the ADI Chain’s ecosystem. The DDSC stablecoin was created in partnership with First Abu Dhabi Bank, underscoring the network’s strategic alignment with major financial institutions in the UAE.
As the ADI Chain gains traction, its governance framework places emphasis on regulatory compliance, positioning the network as infrastructure for regulated stablecoins and tokenized asset trading. Ledger’s integration represents an essential bridge between institutional users and blockchain-based financial services in the region, supporting secure, regulated transactions with hardware-backed security.
Globally, the stablecoin market continues to evolve with dominant US dollar-backed tokens, while euro-based stablecoins have grown within the European Union, backed by regulatory frameworks like MiCA (Markets in Crypto-Assets Regulation). A recent report highlighted that despite strict rules designed to improve safety, euro stablecoins face challenges competing commercially with dollar-backed alternatives, even as their use expands for payments and treasury operations across Europe.
In parallel, European organizations are pushing for a regulated euro stablecoin ecosystem, exemplified by the Qivalis consortium’s expansion to 37 institutions, aiming to establish a non-dollar stablecoin alternative. This global context frames the ADI Chain’s strategy as part of an expanding network of regional, regulated stablecoin infrastructures addressing cross-border and institutional finance.