---
title: "DDSC (DDSC) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/ddsc-aedc/"
description: "Build-time stablecoin profile for DDSC (DDSC)."
dateModified: "2026-11-01"
---



# DDSC (DDSC)

**Peg:** UAE Dirham

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** pre-launch

## Overview

DDSC is a dirham payment token licensed by the Central Bank of the UAE and issued on ADI Chain, a zk-rollup Layer 2 that settles to Ethereum. Its October 2025 white paper named the issuer AEDC Stable Coin L.L.C., owned 34% by Sirius Investment Holding and 33% each by IHC Capital Holding and 1968B SPV. The DDSC site now names AEDC Stable Coin Network and Distribution L.L.C. as the licensed issuer. Authorized Distribution Partners, not the issuer, onboard holders after KYC/KYB checks and process 1:1 issuance and redemption to UAE bank accounts. By November 1 2026 the contract had minted 345.7 million DDSC and burned 297.5 million, leaving 48,280,499 across 87 addresses. The white paper commits 100% AED cash in segregated escrow at qualified banks it does not name. The issuer's feed reported reserves equal to supply on November 1 2026 and names Crowe as attestor, but posts no attestation report. Under the white paper, transfers can be frozen or reversed where law, sanctions or fraud prevention require, and the implementation, whose source is unverified, carries freeze, pause and upgrade selectors. As long as DDSC lives on ADI Chain, which is outside Pharos's chain registry, its deployment and supply cannot enter Pharos runtime data.

## Collateral

The DDSC white paper (version 1.0, October 2025) commits 100% AED cash in segregated escrow accounts at qualified banks, ring-fenced from operating funds and reconciled daily against supply; custodian banks are not named. The issuer's transparency feed reported AED 48,280,499 of reserves against 48,280,499 DDSC on November 1 2026 and names Crowe as reserve attestor; no attestation report is posted on the page.

## Peg Mechanism

CBUAE-licensed Dirham Payment Token issued by AEDC Stable Coin Network and Distribution L.L.C. as an upgradeable ERC-20 on ADI Chain, an EVM zk-rollup Layer 2 that settles to Ethereum. Authorized Distribution Partners onboard holders after KYC/KYB checks and process 1:1 AED issuance and redemption to UAE bank accounts; the issuer does not serve end users directly. Mints and burns run through an on-chain StableVault treasury.

## Jurisdiction

| Country | Regulator | License |
| --- | --- | --- |
| United Arab Emirates | Central Bank of the UAE (CBUAE) | Stored Value Facilities licence 05.01.01.018.2026.01 and Payment Token Services licence 09.01.01.004.2026.01 |

## Live Data

This is a pre-launch stablecoin profile. Live API data is not available until launch.