🇦🇪UAE Unveils AE Coin – The First Dirham-Backed National Stablecoin🇦🇪

The United Arab Emirates has launched AE Coin, its first officially approved stablecoin backed by the UAE Dirham. Licensed by the Central Bank in December 2024, AE Coin is a key step in the nation’s Digital Dirham initiative.

Designed to transform the financial landscape, AE Coin will:

Streamline everyday retail payments

Offer fast, low-cost digital transactions

Empower small businesses and migrant workers

Enhance cross-border remittances

Integrate seamlessly with DeFi platforms for lending, borrowing, and earning

With full-reserve backing and strong regulatory oversight, AE Coin marks a bold move toward digital finance leadership.

The future of money in the Middle East starts now.

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