#AbuDhabiStablecoin Abu Dhabi Launches UAE’s First Dirham-Backed Stablecoin

Abu Dhabi has officially launched AE Coin, the UAE’s first dirham-backed stablecoin, marking a major milestone in the region’s digital finance journey. Issued by AED Stablecoin Ltd and approved by the Central Bank under the Payment Token Services Regulation, AE Coin is fully backed 1:1 by UAE dirhams. It enables fast, secure, and low-cost digital transactions for individuals and businesses. This move strengthens the UAE’s position as a fintech hub and aligns with its Digital Government Strategy 2025. AE Coin is set to power both everyday payments and broader adoption of decentralized finance in the region.