UAE Unveils AE Coin – The Nation’s First Dirham-Backed Stablecoin

The United Arab Emirates has taken a major leap into the digital finance world with the launch of AE Coin, its very first stablecoin backed by the UAE Dirham. Officially licensed by the Central Bank in December 2024, AE Coin is a key part of the UAE’s ambitious Digital Dirham initiative.

What AE Coin brings to the table:

Seamless retail payments

Fast, affordable transactions

Empowerment for small businesses and migrant workers

Easier international remittances

Integration with DeFi for borrowing, lending, and earning

Backed by full reserves and strong regulatory support, the UAE is setting a bold example in the global push toward digital currencies.

The future of finance in the Middle East has arrived!

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