#AbuDhabiStablecoin In December 2024, the Central Bank of the UAE approved AE Coin, the country's first dirham-pegged stablecoin. Created by AED Stablecoin LLC, AE Coin is fully backed by reserves held within the UAE and operates under national payment regulations. It is designed to offer a secure, low-volatility digital currency for everyday transactions and decentralized finance applications. The project's future plans include integration with e-commerce platforms, the launch of a mobile wallet, and partnerships with merchants to encourage digital payments. This development supports the UAE’s broader Digital Government Strategy 2025 and strengthens its position in regulated digital finance innovation.