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Sirius International Holding

“Can a technology holding company build and own the digital infrastructure — including a national stablecoin — powering the UAE's next financial rails?”

Founded2022
HQAbu Dhabi, United Arab Emirates
Latest roundPrivate Debt
IndustryHolding Company / Diversified
The story

Sirius International Holding is the technology arm of Abu Dhabi's International Holding Company (IHC), founded in 2022 to build the group's digital and deeptech portfolio (Cybergate, Emircom, etc.). In 2026 it moved into embedded finance infrastructure by co-launching DDSC, a dirham-backed stablecoin, together with IHC and First Abu Dhabi Bank on the local ADI Chain — positioning Sirius less as a fintech operator and more as an equity/technology sponsor of UAE-regulated digital-asset rails.

Last 12 months
2026-02
2026-H1
2026
Product timeline
2022
Sirius International Holding founded in Abu Dhabi as a technology-focused holding company under the IHC group.· pivot
2026
IHC, Sirius International Holding and First Abu Dhabi Bank (FAB) received Central Bank of the UAE approval to launch DDSC, a UAE dirham-backed stablecoin, on ADI Chain.· launch
2026
DDSC executed an AED 110 million transaction on ADI Chain, described as one of the largest single stablecoin transactions in the Middle East.· launch
2026
DDSC received a No Objection Certificate from CBUAE to go live on selected VARA-regulated exchange platforms.· launch
Consortium membership
Sirius International Holding is a named member of an industry alliance building shared payment/settlement infrastructure alongside these organizations — full details on /consortiums.
Global bank USD stablecoin consortiumForming · announced 2026-09-01 · targeting H1 2027 (USD token); additional G7 currencies, EUR prioritized, to follow
Bank of AmericaCapital OneCitiFidelity InvestmentsGoldman SachsPNC Financial ServicesScotiabankTD Bank GroupWells FargoWisdomTreeBanco SantanderBBVACommerzbankCrédit AgricoleDeutsche BankLloyds Banking GroupRabobankUBSMUFG BankStandard Bank
The stack
2 layers disclosed in Sirius International Holding’s embedded-finance stack
Card network
Discover
Crypto
in the full report
Accounting gap: minor
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.