The first regulated stablecoin in the United Arab Emirates, AE Coin, has been approved
2024-12-10 09:06:44
AE Coin, a dirham-pegged stablecoin, has received final approval from the UAE Central Bank. Headquartered in the UAE, AE Coin will soon be available through an appointed agent. The digital currency is fully backed by the UAE's reserves and pegged to the US dollar, ensuring price stability.
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