#AbuDhabiStablecoin *#AbuDhabiStablecoin* highlights the UAE's strategic move into regulated digital currencies. In late 2024, the Central Bank of the UAE granted in-principle approval to AED Stablecoin LLC to issue AE Coin—the nation's first dirham-pegged stablecoin under its Payment Token Services Regulation. Fully backed by UAE dirham reserves, AE Coin aims to provide secure, low-volatility transactions for both consumers and businesses, integrating with decentralized finance (DeFi) platforms and e-commerce. This initiative aligns with the UAE's vision to become a global crypto hub, fostering innovation while maintaining regulatory oversight. Additionally, Tether announced plans to launch its own dirham-backed stablecoin, further emphasizing Abu Dhabi's growing influence in the digital asset space.