PUSD to Launch on ADI Chain Targeting Islamic Finance Market

PUSD is preparing to launch on the ADI Chain, aiming to capture a share of the Islamic finance market, which exceeds $3 trillion. According to NS3.AI, the stablecoin is designed to comply with Shariah law and currently has approximately $2.3 billion in circulation. It is backed on a 1:1 basis by reserves held in Saudi riyals and UAE dirhams.