The stablecoin operates on the ADI blockchain and aims to facilitate digital payments and enhance the digital assets environment in the UAE. It also supports the national strategy to accelerate the growth of the digital economy in the region.
The currency is backed 1:1 by the UAE Dirham, ensuring the stability of its value, and is part of the UAE's efforts to become a global center for innovation in the field of digital currencies and financial technology, with full commitment to local financial regulations.