#AbuDhabiStablecoin

Abu Dhabi is making bold strides in digital finance with the launch of AE Coin—the UAE’s first fully regulated, dirham-backed stablecoin. Developed by AED Stablecoin LLC and approved by the Central Bank of the UAE under the Payment Token Services Regulation, AE Coin is pegged 1:1 to the UAE dirham, offering the stability of fiat currency combined with the efficiency of blockchain technology.

AE Coin is designed to facilitate seamless, low-cost transactions, making it an ideal solution for both everyday payments and decentralized finance (DeFi) applications. Its integration with DeFi platforms allows users to engage in lending, borrowing, and earning interest without intermediaries. With transparent reserves and regular audits, AE Coin ensures trust and security, addressing the volatility concerns commonly associated with cryptocurrencies.

This initiative aligns with the UAE's Digital Government Strategy 2025, aiming to foster innovation and position the nation as a global hub for digital assets. As the UAE continues to embrace blockchain technology, AE Coin stands at the forefront, offering a regulated and stable digital currency that bridges traditional finance and the evolving digital economy.