#AbuDhabiStablecoin

Abu Dhabi's AE Coin is the UAE's first fully regulated dirham-pegged stablecoin, receiving final approval from the Central Bank of the UAE (CBUAE) in December 2024 . Each AE Coin is backed 1:1 by UAE dirhams, ensuring stability and mitigating the volatility typical of cryptocurrencies . Designed to facilitate secure, instant, and cost-effective transactions, AE Coin integrates seamlessly with decentralized finance (DeFi) platforms, enabling users to lend, borrow, and earn interest without intermediaries . This initiative aligns with the UAE's Digital Government Strategy 2025, positioning AE Coin as a cornerstone of the nation's digital economy