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So ADI's narrative is not a single-point application, but rather combines three things:
1. Middle Eastern capital;
2. Regulated financial infrastructure;
3. A settlement network that can handle real-world assets and stablecoin flows.
This is also why I think ADI is quite different from many pure on-chain projects.
It doesn't first build a chain and then look for applications.
It is more like starting with real-world capital, regulatory frameworks, and financial scenarios, and then using the chain as a settlement layer, custody layer, and asset transfer layer.