UAE Launches AE Coin – First Dirham-Backed Stablecoin

The UAE has officially rolled out AE Coin, its first national stablecoin, fully backed by the UAE Dirham and licensed by the Central Bank in December 2024.

AE Coin is a key part of the Digital Dirham strategy and is designed to:

Simplify retail and online payments

Enable fast, low-fee transactions

Support SMEs and migrant workers

Power international remittances

Integrate with DeFi platforms

With full-reserve backing and strong regulation, the UAE is stepping up as a digital finance leader in the region and beyond.

Middle East meets Web3. Welcome AE Coin.

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