Palm USD (PUSD)

Palm USD (PUSD) represents an institutional-grade digital dollar designed to facilitate global commerce. It operates as one of the largest stablecoins in the market, fully backed by reserves held in Saudi Riyal (SAR) and UAE Dirham (AED), both of which are pegged to the U.S. dollar. This backing provides essential stability and reliability for enterprise and financial operations. PUSD’s infrastructure supports high-volume transactions while ensuring compliance with enterprise-grade security protocols, making it a desirable option for corporations and sovereign entities seeking secure digital asset solutions.

Palm USD stands out due to its commitment to Shariah compliance, having received certification from recognized Shariah scholars. This aspect opens avenues for participation for Islamic finance institutions, helping bridge the gap between traditional finance and the digital economy. PUSD enables efficient cross-border settlements and treasury management, specifically catering to markets across the Middle East and Asia. The infrastructure is designed to support institutional clients with robust frameworks for regulatory compliance and operational transparency.

Currently, PUSD is operational across multiple blockchain networks, including Ethereum, BNB Chain, Solana, and Tron, with plans for additional networks based on market demand. With over $2.3 billion in circulation and a network of more than 50 institutional partners, PUSD is equipped to offer round-the-clock operational support. This global reach, coupled with a commitment to continuous verification and transparency of reserves, positions PUSD as a leading choice for businesses and financial entities engaging in digital dollar transactions.