regulation3 min readApr 23, 2026

Shariah-Compliant PUSD Stablecoin Hits ADI Chain, Eyes Massive Islamic Finance Opportunity

The Islamic finance world just got a new settlement tool. PUSD—a stablecoin built on Shariah-compliant principles and backed by Gulf currencies—is now live on ADI Chain, a Layer-2 network designed specifically for institutional settlement operations across the Middle East.

Via CoinTelegraph
Shariah-Compliant PUSD Stablecoin Hits ADI Chain, Eyes Massive Islamic Finance Opportunity

The Islamic finance world just got a new settlement tool. PUSD—a stablecoin built on Shariah-compliant principles and backed by Gulf currencies—is now live on ADI Chain, a Layer-2 network designed specifically for institutional settlement operations across the Middle East.

Here's why this matters: we're talking about a $3 trillion addressable market in Islamic finance that's been largely underserved by crypto infrastructure. PUSD's expansion to ADI Chain represents a direct play to capture institutional adoption in one of the world's most capital-rich regions.

What PUSD Actually Is

PUSD isn't your typical stablecoin. It's engineered around Shariah law principles, which means no interest-bearing mechanisms that would violate Islamic financial doctrine. The stablecoin is backed by Gulf currencies—primarily the Saudi riyal and UAE dirham—giving it a direct peg to some of the most stable fiat reserves in the Middle East.

For crypto traders and institutional players, this is significant. Most stablecoins operate in a regulatory gray zone when it comes to Islamic finance. PUSD removes that friction by design.

Why ADI Chain Matters

ADI Chain isn't just another Layer-2. It's purpose-built for institutional settlement, which is the bread and butter of institutional finance. The network focuses on institutional-grade security, compliance tooling, and settlement finality—exactly what Gulf-based financial institutions need when moving capital.

The deployment positions PUSD as the native settlement asset on ADI Chain, essentially making it the preferred token for cross-border transactions between Gulf institutions. Think of it as creating a Shariah-compliant rail for capital movement in a region that controls massive sovereign wealth funds and institutional portfolios.

The Market Opportunity

The $3 trillion Islamic finance market is fragmented. Most transactions still run through traditional banking rails, which means slow settlement times, geographic friction, and limited access to 24/7 market liquidity. PUSD on ADI Chain changes that equation.

Institutional investors in the Gulf—sovereign wealth funds, family offices, Islamic banks—have been waiting for crypto infrastructure that respects their religious and regulatory constraints. This deployment gives them that option. More importantly, it gives them a way to participate in crypto markets without the compliance headaches that come with standard stablecoins.

What Traders Should Watch

For portfolio managers tracking crypto adoption in emerging markets, this is a bellwether move. If PUSD gains traction on ADI Chain, expect:

  • •Increased institutional onboarding from Gulf-based entities
  • •Higher liquidity for PUSD/USD pairs
  • •Potential spillover demand for other Shariah-compliant crypto products
  • •Regulatory clarity setting precedent for other Islamic finance crypto initiatives

The bitcoin and ethereum markets have dominated institutional crypto conversation, but the real growth story right now might be in purpose-built financial infrastructure for underserved regions.

Alpha Take

PUSD's arrival on ADI Chain opens a previously inaccessible market segment to crypto trading and settlement infrastructure. If Gulf institutions start using PUSD for institutional capital movement, we're looking at real volume growth in an untapped market. Watch transaction velocity on ADI Chain over the next 90 days—that's your leading indicator for whether this actually gains institutional adoption or remains niche.

Originally reported by

CoinTelegraph

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#bitcoin#ethereum#defi#regulation#stablecoins#altcoins#market

Not financial advice. Crypto investing involves significant risk. Past performance does not guarantee future results. Always do your own research.

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