Official Name: AEDC Stable Coin Network and Distribution L.L.C.
Country: United Arab Emirates (the)
AEDC Stable Coin Network and Distribution L.L.C. is the licensed issuer and distributor of DDSC, an institutional-grade UAE Dirham (AED)-backed stablecoin. It is fully backed 1:1 by UAE Dirhams held in audited, ring-fenced accounts at licensed custodians (no fractional reserves). DDSC operates exclusively on the ADI Chain (institutional Layer-2 blockchain) under oversight of the Central Bank of the UAE (CBUAE). It is designed for high-value institutional and government use cases such as payments, treasury management, settlement, and programmable finance. The entity was initiated as a collaboration involving International Holding Company (IHC), First Abu Dhabi Bank (FAB), and Sirius International Holding. It holds CBUAE licenses under the Stored Value Facilities Regulation (License No. 05.01.01.018.2026.01) and the Payment Token Services Regulation (License No. 09.01.01.004.2026.01). DDSC tokens are not securities, deposits, or investment products and are not covered by government deposit-protection schemes.
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