#AbuDhabiStablecoin

The United Arab Emirates (UAE) is poised to revolutionize its financial landscape with the imminent launch of AE Coin, the nation's first fully regulated, dirham-backed stablecoin. This initiative aligns with the UAE's broader digital transformation strategy, aiming to enhance financial inclusion, streamline transactions, and position the country as a leader in the digital economy.

AE Coin is a stablecoin pegged 1:1 to the UAE Dirham (AED), ensuring price stability and reducing the volatility commonly associated with cryptocurrencies. Fully backed by reserves held within the UAE, AE Coin operates under the Central Bank of the UAE's (CBUAE) Payment Token Services Regulation, which mandates stringent reserve, security, and transparency requirements.