Ledger Adds Native Support for UAE-Backed ADI Token

Ledger added native support for the ADI token on ADI Chain, a UAE-linked layer-2 network focused on stablecoins and tokenized real-world assets. The integration lets users store and manage $ADI in Ledger Wallet and authorize transactions with Ledger hardware signing devices.

ADI Chain is backed by Sirius International Holding, a subsidiary of International Holding Company, and supports the DDSC stablecoin ecosystem launched with First Abu Dhabi Bank. The network is designed for institutional uses including cross-border payments, treasury operations and trade settlement.

International Holding Company disclosed a 110 million dirham transfer of DDSC, about $30 million, and described it as one of the largest publicly disclosed stablecoin transactions in the United Arab Emirates.

ADI Foundation describes ADI Chain as infrastructure for regulated stablecoins and tokenized assets. The foundation says $ADI is required to pay transaction fees on the network.

Ledger’s hardware signing devices store private keys offline and authorize transactions, enabling users who rely on Ledger for key security to interact with ADI Chain without moving keys to third-party custodians.

Dollar-backed tokens continue to dominate the overall stablecoin market. A March report commissioned by Visa and produced by Dune Analytics estimated that euro-denominated stablecoins make up more than 80 percent of the non-U.S. dollar stablecoin sector, putting the non-dollar market at roughly $1.2 billion in supply compared with a total stablecoin market exceeding $300 billion. The report estimated non-dollar stablecoins process about $10 billion in monthly transfer volume, with euro tokens used for payments, remittances, payroll and treasury functions.

An April analysis from an industry group said the EU’s Markets in Crypto-Assets framework tightened reserve and interest rules for euro stablecoins, making them safer but less commercially competitive with U.S. dollar alternatives. The European Commission opened a review of MiCA provisions on stablecoins, reserve requirements and interest-bearing token products. On May 20, euro stablecoin consortium Qivalis expanded to 37 member institutions after adding 25 banks across 15 countries ahead of a planned launch later this year.

Ledger’s support connects the company’s custody and signing tools to ADI Chain and allows institutional and retail users who use hardware wallets to hold and transact the network’s native gas token while keeping control of their private keys.