Inside PUSD on ADI Chain: How a $3T Market is Moving to Institutional Web3

The Systematic Integration of Shariah-Compliant Digital Assets
The deployment of PUSD, a Shariah-compliant stablecoin, onto the ADI Chain represents a significant shift in institutional settlement infrastructure. PUSD is currently backed 1:1 by reserves held in Saudi riyals (SAR) and UAE dirhams (AED), both of which maintain a peg to the US dollar. With approximately $2.3 billion already in circulation, this move is not merely a technical migration but a strategic entry into the global Islamic finance market, which is estimated to exceed $3 trillion in total assets.

From a systems perspective, ADI Chain functions as a specialized Layer 2 network focused on institutional efficiency in the Middle East. It already hosts the DDSC (Dirham-backed stablecoin), licensed by the Central Bank of the UAE. By adding PUSD, the network establishes a multi-asset settlement environment where institutions can choose between dollar-linked or dirham-denominated assets on a single, compliant infrastructure. This minimizes fragmentation and provides a clear "Root Cause" solution for the lack of regulated, Shariah-compliant liquidity in the Web3 space.

Furthermore, the ADI Chain utilizes ZKsync's Airbender technology to ensure high-speed, zero-knowledge proof security while using its native $ADI token for transaction fees. This technical foundation, combined with PUSD’s issuance by Palm Azgar Finance, targets corporate treasuries and payment processors looking for transparent, 24/7 settlement rails across the Gulf-Asia-Africa corridors. Data supports this transition: with stablecoin transactions exceeding $46 trillion globally in 2024, the move toward national-scale regulated infrastructure is a logical evolution for institutional finance.

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