First Abu Dhabi Bank's DDSC AED stablecoin approved by UAE Central Bank and launched on ADI Chain

On February 12, 2026, the Central Bank of the UAE approved First Abu Dhabi Bank's AED-backed stablecoin, DDSC, which is now live on the ADI Foundation's Layer 2 ADI Chain. The token is intended for institutional and government use in payments, collections, settlements, treasury operations, and programmable financial services, alongside other previously approved AED and USD stablecoins in the country.