UAE Launches AE Coin - First National Dirham-Backed Stableco | Nilofer Ali on Binance Square

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UAE Launches AE Coin - First National Dirham-Backed Stablecoin
The United Arab Emirates has officially approved AE Coin, its first stablecoin backed by the UAE Dirham.

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As long as Bitcoin holds above 108k, I think the chart looks fine and i don’t see any reason to be bearish on it. Below that, we can talk bearish.

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Bank of England Governor Warns of Stablecoin Impact on Currency Trust AI Summary According to PANews, Bank of England Governor Andrew Bailey has issued a warning regarding the potential threat posed by stablecoins backed by the U.S. dollar. Bailey highlighted concerns that the widespread adoption of these cryptocurrencies could undermine public trust in traditional currencies. In a speech released on Thursday, Bailey emphasized the need for central banks to "closely monitor" innovations in the payment sector to prevent new vulnerabilities in the monetary system. His remarks come amid growing expert warnings about the implications of stablecoins on financial stability.

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What Are Stablecoins in Crypto? Top Stablecoins of 2025 and How They Are Used Stablecoins are a crucial part of the crypto ecosystem. They are digital assets designed to maintain a stable value, typically pegged to a fiat

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