#AbuDhabiStablecoin

Abu Dhabi has launched AE Coin, the UAE’s first fully regulated dirham-backed stablecoin, marking a significant step in the nation's digital finance evolution. Approved by the Central Bank of the UAE (CBUAE) under its Payment Token Services Regulation, AE Coin offers a 1:1 peg to the UAE dirham, ensuring stability and mitigating the volatility often associated with cryptocurrencies .​

Designed to facilitate secure, instant, and low-cost transactions, AE Coin aims to enhance financial inclusion and support sectors like e-commerce and decentralized finance (DeFi). With strategic partnerships and integration into digital applications, AE Coin is poised to become a cornerstone of the UAE's digital economy .​

This initiative aligns with the UAE's vision to position itself as a global crypto hub, fostering innovation and trust in digital financial services.