Fasset to Become First Platform to List UAE Dirham Stablecoin DDSC

Fasset has announced it will become the first VARA-regulated platform to list DDSC, the UAE dirham-backed stablecoin issued through a collaboration between IHC, First Abu Dhabi Bank and Sirius International Holding and settled on ADI Chain. The listing is subject to approval from Dubai's Virtual Assets Regulatory Authority.

The partnership will allow swaps between DDSC and leading stablecoins such as USDC and USDT, and the companies are exploring a joint card programme, merchant payment acceptance and fiat on- and off-ramps across the UAE. DDSC received Central Bank of the UAE approval to go live in February 2026.

Fasset said it supports more than three million wallets across 125 countries.

Source: Zawya