#AbuDhabiStablecoin Abu Dhabi Advances Digital Finance with AE Coin, the UAE’s First Regulated Dirham-Backed Stablecoin – April 29, 2025

Abu Dhabi is making significant strides in digital finance with the introduction of AE Coin, the United Arab Emirates’ first regulated stablecoin pegged to the dirham. Developed by AED Stablecoin LLC, AE Coin has received in-principle approval from the Central Bank of the UAE (CBUAE) under the Payment Token Services Regulation, aligning with the nation’s Digital Government Strategy 2025.  

Key Features of AE Coin:

• Regulatory Oversight: AE Coin is the first stablecoin in the UAE to be regulated by the CBUAE, ensuring compliance with national financial standards.

• Dirham Peg: Each AE Coin is backed 1:1 by the UAE dirham, providing stability and reducing the volatility commonly associated with cryptocurrencies. 

• Blockchain Integration: Utilizing blockchain technology, AE Coin offers secure, transparent, and efficient transactions for both consumers and businesses. 

• DeFi Compatibility: AE Coin is designed to integrate with decentralized finance (DeFi) platforms, enabling users to participate in lending, borrowing, and other financial services without intermediaries. 

• Economic Impact: The stablecoin aims to facilitate faster and more cost-effective transactions, supporting the UAE’s goal of becoming a global hub for digital assets. 

The launch of AE Coin represents a pivotal moment in the UAE’s journey toward embracing digital currencies and fostering innovation in the financial sector. By providing a regulated and stable digital currency, AE Coin is poised to enhance the efficiency of financial transactions and support the growth of the digital economy in the region. 

Note: Cryptocurrency investments carry inherent risks. Investors should conduct thorough research and consider their risk tolerance before making investment decisions.

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