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UAE Launches AE Coin – First National Dirham-Backed Stablecoin The United Arab Emirates has officially approved AE Coin, its first stablecoin backed by the UAE Dirham. Licensed by the Central Bank in December 2024, this digital currency is part of the country's broader Digital Dirham strategy. AE Coin aims to: Simplify retail payments Enable fast and low-cost transactions Support small businesses and migrant workers Boost international remittances Integrate with DeFi platforms for borrowing, lending, and earning With robust regulations and full-reserve backing, the UAE is positioning itself as a global leader in digital finance. Welcome to the future of money in the Middle East! #UAE #Stablecoin #DigitalDirham #CryptoNews #Fintech #AECoin #Blockchain #DeFi #DigitalCurrency
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