#AbuDhabiStablecoin The hashtag *#AbuDhabiStablecoin* reflects a growing trend in the UAE’s financial innovation, as Abu Dhabi becomes a key player in the global *stablecoin* ecosystem through multiple initiatives in 2024–2025.
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🏦 Key Highlights of Abu Dhabi’s Stablecoin Developments
1. *AE Coin* – First Regulated AED-Backed Stablecoin
- *Issuer*: AED Stablecoin Ltd.
- *Approval*: Licensed by the *Central Bank of the UAE* under the new *Payment Token Services Regulation*.
- *Backing*: 1:1 with UAE Dirhams held in UAE banks or government-backed securities.
- *Purpose*: Designed for *DeFi, cross-border payments*, and *institutional finance*.
- *Significance*: First stablecoin to receive *full regulatory approval* from the UAE central bank.
➡️ Seen as a major step toward building a *regulated crypto hub* in the Middle East.
2. *DRAM* – Dirham-Pegged Decentralized Stablecoin
- *Issuer*: Distributed Technologies Research (DTR), backed by UAE's *VentureOne*.
- *Use Case*: Built for emerging markets, DeFi apps, and crypto-savvy users.
- *Trading Platforms*: Available on *Uniswap* and *PancakeSwap*.
- *Goal*: To offer *stable, low-inflation alternatives* in unstable currency regions.
3. *Tether's Planned AED Stablecoin*