PUSD Stablecoin Expands to ADI Chain, Targeting 3 Trillion Dollar Islamic Finance Market The Shariah-compliant stablecoin PUSD is expanding its footprint with a deployment on ADI Chain, a new Layer-2 network designed for institutional settlement in the Middle East. This move positions the Gulf currency-backed digital asset to tap into the 3 trillion dollar Islamic finance market. Backed by a basket of Gulf currencies, PUSD adheres to Islamic finance principles, which prohibit interest-based earnings and require asset backing. The stablecoin aims to provide a compliant digital payment option for institutions and individuals seeking to participate in the growing digital economy without violating religious mandates. ADI Chain, the new network hosting PUSD, is built for high-speed, low-cost transactions tailored to institutional needs. The Layer-2 solution is intended to handle the scale required for interbank settlements, trade finance, and cross-border payments in the region. By leveraging ADI Chain, PUSD enhances its utility for real-world financial applications, bridging traditional Islamic banking with blockchain technology. The expansion comes as the Gulf Cooperation Council countries accelerate their adoption of digital assets. Regulators and financial institutions in the region are exploring stablecoins as a means to modernize payment systems while maintaining compliance with local laws and religious standards. PUSD seeks to serve this demand by offering a transparent, asset-backed digital currency that does not rely on volatile cryptocurrencies. This deployment could drive further adoption of Shariah-compliant crypto assets, providing a stable medium of exchange for the billions of Muslims worldwide. With a focus on institutional settlement, the PUSD stablecoin on ADI Chain represents a strategic move to capture a significant share of the Islamic finance ecosystem while reinforcing its position as a compliant digital dollar alternative.
