#AbuDhabiStablecoin

Driving Financial Innovation in the UAE

Abu Dhabi positions itself as a leader in the adoption of digital stablecoins backed by the dirham (AED), reflecting its commitment to digital transformation and financial innovation.

One of the highlighted initiatives is **AE Coin**, developed by AED Stablecoin LLC, which has received preliminary approval from the Central Bank of the United Arab Emirates (CBUAE). This stablecoin, fully backed by reserves in dirhams, aims to offer secure and efficient transactions, integrating with decentralized finance (DeFi) platforms and promoting the growth of the country's digital economy.

Another significant proposal is DRAM, launched by Distributed Technologies Research (DTR). Although currently not available in the UAE, DRAM is traded on platforms like Uniswap and PancakeSwap, offering a digital alternative backed by the dirham for users in high-inflation economies.