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Evidence record

DDSC dirham stablecoin receives CBUAE approval for selected VARA-regulated exchanges

Read the item · published 2026-07-04

Evidence

Confidence
Medium The institution’s own statement; quote string-matched. Proves what the institution says, not independent confirmation.
Quote verified
2026-10-23 17:36 UTC
Archived snapshot
SHA-256 127c4e5527df46744ad70d9ce8f351d7ee28132827c5d0f9f10f9dc4a73312a4 · fetched 2026-10-23 · Wayback Machine copy ↗
Source type
Official institutional DDSC (press release via Zawya) ↗
Saved excerpt around the quote (source text, 2026-10-23)
… DDSC available on their platforms Press Release The approval supports DDSC's expansion beyond institutional settlement, paving the way for broader adoption across retail, merchant and business payment use cases through selected regulated platforms. The UAE dirham-backed stablecoin is issued through the collaboration between IHC, First Abu Dhabi Bank (FAB) and Sirius International Holding, and settles on ADI Chain. The milestone further reinforces the UAE's position as a global leader in regulated digital assets and next-generation financial infrastructure. Abu Dhabi, UAE – DDSC, the UAE dirham-backed stablecoin developed through the collaboration between IHC, …
Change log (10)
  1. 2026-10-23 Newsroom 2026-10-23 eve: +MAS/BNM/BOT BLOOM cross-border digital money (Tier 1, MAS media release); bank-negara-malaysia, bank-of-thailand entities; verify snap (b20c97d)
  2. 2026-10-23 Newsroom 2026-10-23 PM: +Riksbank letter to Riksdag Finance Committee on digital krona (PDF, Tier 1); riksbank entity; CBDC tracker entry; verify snapshots, pag (240394a)
  3. 2026-10-23 Tracker: HSBC RedCoin commercial status -> Live (23 Oct 2026, HSBC release); +SoFi Earn (SOFIE) initiative, SoFi institution, 2 sources; vfetch: one 5s retry on (cebc8d1)
  4. 2026-10-23 Newsroom 2026-10-23: +HSBC RedCoin live on PayMe (HKMA-licensed HKD stablecoin), +SoFi Earn (SOFIE) consumer tokenized deposit (via Nasdaq/Business Wire; SoFi I (62c1ed5)
  5. 2026-10-23 Verify: shared vfetch (PDF via pdftotext, retry, snapshot fallback for EUR-Lex/ESMA/ECB transient blocks, real mismatches still fail), verify-snapshots.json; de (a65ba64)
  6. 2026-10-23 AI/agent discoverability: llms.txt + llms-full.txt, AI-crawler robots rules, open data /api/{items,tracker,regulation}.json (CC BY 4.0) + Dataset JSON-LD on /da (e14054d)
  7. 2026-10-23 Audit ledger 2026-10-22, a11y fixes (key-facts list, tracker target size), screenshots b2-* (644d97b)
  8. 2026-10-23 P1/P2: homepage What-changed + tracker snapshot, regulatory timeline date-status labels/event-type filter/shareable URLs, methodology status & evidence definiti (95a103a)
  9. 2026-10-22 Phase 1 positioning: intelligence platform for banks entering digital assets (941ceee)
  10. 2026-10-22 Global coverage upgrade: daily pipeline + page watchers, 27 new verified items, per-item OG images, /data, new trackers (CBDC, MiCA CASP, bank services), entiti (7f6aa9a)

Verified quotes

  • “The UAE dirham-backed stablecoin is issued through the collaboration between IHC, First Abu Dhabi Bank (FAB) and Sirius International Holding, and settles on ADI Chain.”

String-matched against https://www.zawya.com/en/press-release/companies-news/ddsc-receives-central-bank-approval-to-partner-with-selected-vara-regulated-exchange-platforms-329374 by scripts/verify.mjs before every deploy.

AI-drafted from the primary source; quote string-matched by scripts/verify.mjs · AI-assisted