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$ADI Foundation announced a strategic partnership with Chainlink to expand its stablecoin and tokenization strategy across the Middle East, Africa, and Asia. $ADI Foundation develops institutional blockchain infrastructure. Chainlink provides decentralized oracle and interoperability solutions.
The agreement includes integration of the Chainlink platform, including the Cross-Chain Interoperability Protocol, into $ADI Chain and its growing ecosystem of institutional partners. $ADI Chain was selected to host DDSC, a dirham-backed stablecoin initiated by International Holding Company and First Abu Dhabi Bank and licensed by the Central Bank of the United Arab Emirates. Chainlink’s oracle network will provide price feeds and support reserve transparency for stablecoins issued on the network.
The companies will also use Chainlink infrastructure to support tokenized securities and funds, including net asset value verification and secure offchain data connectivity. High-frequency market data tools are expected to support DeFi and institutional trading applications built on $ADI Chain.
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