#AbuDhabiStablecoin The first regulated stablecoin of the United Arab Emirates is launched: AE Coin
Abu Dhabi takes a major step in digital finance with the launch of AE Coin, the country's first fully regulated stablecoin, pegged 1:1 to the dirham (AED) and approved by the Central Bank of the UAE.
Developed on the ADI blockchain, AE Coin benefits from institutional support from heavyweights like ADQ, First Abu Dhabi Bank (FAB), and IHC. This stablecoin paves the way for secure digital payments, seamless business-to-business transactions, and faster international remittances.
Use cases:
Everyday payments
B2B operations
Cross-border remittances
Automated transactions via AI and IoT
With AE Coin, the Emirates position themselves as a global hub for blockchain innovation.