#AbuDhabiStablecoin Abu Dhabi has introduced a stablecoin called AE Coin, which is backed by the UAE Dirham. This stablecoin aims to provide a secure and efficient digital currency for transactions in the UAE. AE Coin is designed to maintain a stable value by being pegged to the Dirham, reducing the risk of volatility common with other cryptocurrencies. It enables faster, low-cost payments and is integrated into blockchain technology for secure and transparent transactions. The launch of AE Coin is a significant step for the UAE in embracing digital finance and blockchain technology, enhancing the country's position in the global crypto market.