ADI Chain Debuts Mainnet and $ADI Token, Marking MENA’s First Institutional Layer-2 Network
ADI Chain launched its mainnet and $ADI token, establishing the MENA region's first institutional Layer-2 network for stablecoins and real-world assets.Summary
The ADI Foundation announced the mainnet launch of ADI Chain, positioned as the MENA region's first institutional Layer-2 blockchain designed for stablecoins and real-world assets. Concurrently, the $ADI token debuted on exchanges including Kraken, Crypto.com, and KuCoin, and will be accessible via Wallet in Telegram and Fasset.
ADI Chain was purpose-built to meet the unique constraints of emerging economies, enabling governments and institutions to deploy compliant, regulated blockchain innovations like tokenized assets and digital payments via L3 chains aligned with local laws. The $ADI token functions as the native gas token, settlement currency, and governance mechanism within the ecosystem.
The network will host the UAE Dirham-backed stablecoin, issued by First Abu Dhabi Bank and IHC, regulated by the UAE Central Bank. ADI Chain utilizes ZKsync's Airbender stack for scalability and security, and has over 50 projects slated for deployment, supporting the ADI Foundation's mission to onboard one billion people to blockchain by 2030.
(Source：BeInCrypto)