#AbuDhabiStablecoin Abu Dhabi has launched AE Coin, the UAE's first dirham-backed stablecoin, following final approval from the Central Bank of the UAE under the Payment Token Services Regulation. Developed by AED Stablecoin LLC, AE Coin is fully backed by UAE dirham reserves and undergoes regular audits to ensure stability and transparency. It aims to provide secure, low-cost transactions for individuals and businesses, integrating seamlessly with decentralized finance (DeFi) platforms. AE Coin represents a significant step in the UAE's digital economy strategy, offering a regulated digital currency that bridges traditional finance and blockchain technology.