AE Coin: UAE Central Bank’s First AED-backed Stablecoin – A New Era for the UAE’s Digital Economy
It is believed that the UAE Central Bank has officially entered the stablecoin market with the AE Coin which is the very first stablecoin that is regulated by the AED that aims to bridge traditional finance and blockchain technology. The coin is fully backed to the UAE Dirham and endorsed by the Payment Token Services Regulation (PTSR); AE Coin promises security, transparency and a…