#AbuDhabiStablecoin Abu Dhabi is advancing its digital economy with the introduction of AE Coin, the UAE's first fully regulated, dirham-backed stablecoin. This initiative is a collaboration between three major entities: the First Abu Dhabi Bank (FAB), Abu Dhabi Developmental Holding Company (ADQ), and the International Holding Company (IHC). The stablecoin is designed to maintain a 1:1 peg with the UAE Dirham (AED) and is regulated by the **Central Bank of the UAE (CBUAE)** .

🔍 Key Features of AE Coin

Regulatory Oversight: AE Coin operates under the CBUAE's Payment Token Services Regulation, ensuring stringent reserve, security, and transparency standards.

Blockchain Integration: The stablecoin will function on the ADI blockchain, developed by the ADI Foundation, a non-profit organization based in Abu Dhabi. This blockchain aims to provide a secure and transparent platform for digital transactions .

Diverse Use Cases: AE Coin is intended for a wide range of applications, including everyday transactions, cross-border payments, and emerging technologies like machine-to-machine and AI-driven payments .

Financial Inclusion: By offering a stable and efficient digital payment solution, AE Coin aims to enhance financial inclusion, particularly benefiting the UAE's substantial expatriate community through low-cost, instantaneous remittances .

🖼️ Visual Representation

The image above represents the branding associated with AE Coin, symbolizing its integration into the UAE's financial ecosystem.