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Shariah-Compliant Stablecoin PUSD Moves Into MidEast Institutional Arena

Shariah-Compliant Stablecoin PUSD Moves Into MidEast Institutional Arena

PUSD, a Shariah-compliant stablecoin backed by Saudi riyals and UAE dirhams, has expanded into the Middle East on the ADI Chain. With $2.3 billion in circulation, it operates on Ethereum, BNB Chain, Solana, and Tron. The stablecoin aims to facilitate Islamic finance transactions across the Gulf, Middle East, and Africa, supporting a $3 trillion market.

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