May 26 • News
New UAE StableCoin?! 🇦🇪
AE Coin (AEC) is the United Arab Emirates’ first fully regulated, dirham-backed stablecoin. Pegged 1:1 to the UAE Dirham and built on the Abu Dhabi Interoperable blockchain, it’s designed to modernize digital payments and expand financial inclusion. It’s backed by major institutions like Abu Dhabi Developmental Holding Company (ADQ), International Holding Company, and First Abu Dhabi Bank. Real-world adoption is already happening—Air Arabia now accepts AE Coin for flight bookings. This is a big step in the UAE’s mission to become a global leader in financial technology.
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New UAE StableCoin?! 🇦🇪
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