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AE Coin, UAE’s first regulated stablecoin: Features, use cases and real-world adoption

Stability or being stable, the most beloved term for many investors amid ambiguity and crisis. When you hear a crypto is stable in the time of market volatility, you might say, Ahh, a sigh of relief. That sense of security is exactly what stablecoins provide, and that’s why they are named so. Stablecoins are cryptocurrencies pegged to fiat currencies as USDT (Tether), USDC (Circle), and AE Coin, pegged to the UAE Dirham. Wait, you heard it right? Say hello to AE Coin (AEC), the cool new kid on the list of stablecoins.     

AE Coin, the torchbearer in the MENA region

AE Coin is the UAE’s first regulated stablecoin and the pioneer in the Middle East and North Africa (MENA) region. The Central Bank of the UAE approved this new stablecoin pegged to the UAE Dirham in December 2024. This means 1 AED Coin is equal to 1 AED. The Dirham-backed stablecoin boasts of revolutionizing financial transactions with unprecedented security and efficiency. 

Key features and benefits you should know about AE Coin

Security is the top priority

Safety over blockchain transactions is an overlooked factor when compared to traditional finance. The AE Coin developers claim cutting-edge security features to enhance safety measures for your transactions using blockchain technology.



Firm regulations
UAE’s pioneering stablecoin is not owned by any private entities or individuals, but belongs to the government and works under the UAE Central Bank. Strong regulatory support means high security. 

Stability in volatility
Like how all stablecoins operate in tough market situations, AE Coin also remains stable, devoid of value depreciation, unless unfortunate factors intervene.  

High stability, high opportunities
A compass to show you the paths to financial freedom. The stablecoin is built to bring more opportunities in the financial sector, allowing users to explore the sector.  

Your wealth is monitored
AEC users do not have to worry about their invested funds. The stablecoin deploys blockchain and intense monitoring to protect your wealth. 

AML/CFT compliance  
AEC has strong protocols to defend against anti-money laundering and financing of terrorism, ensuring high financial security.

Why does AE Coin matter to the UAE?

With increasing Web3 and blockchain adoption, the UAE, particularly Dubai, is exposed to several applications of the technology in daily life. The arrival of AE Coin opens new avenues for business and job opportunities, alluring blockchain companies to shift from other countries to this evolving nation. The stablecoin is also a way for the UAE to diversify and bolster its economy through global investments. 

While the US, along with other countries, is competing to achieve the crypto-friendly crown, the UAE is also on track to fulfill its presence in the global crypto world. Increased presence would result in an increased digital economy.  

What’s new with AE Coin?

The AE Coin is now in the sky, literally, in the sky! Al Maryah Community Bank (Mbank) and Sharjah’s Air Arabia have teamed up to allow passengers to book flights using AE Coin.  

Is AE Coin listed on any exchanges?

No, AE Coin is not listed on any public crypto exchanges at the moment. In the future, the stablecoin will integrate with blockchain applications and get listed on major crypto exchanges, besides bringing progressive technological advancement.  

Why are stablecoins important?  

If you want a stable income out of cryptocurrency, stablecoins are the best option; their price remains stable during market uncertainty. Moreover, cryptocurrencies, including stablecoins, possess fast and low transaction fees, eliminating the need for bank or broker fees. Another interesting feature to note — you can enter and exit the crypto market with ease using stablecoins. How? In cases you hesitate to deal with high volatility, you can convert your fiat currencies like AED into a stablecoin (AED Coin). Likewise, if you have invested in any volatile crypto, you can exit the market by converting it into stablecoins.

The UAE is really making bold moves, fueling the blockchain realm to accelerate Web3 and crypto adoptions in the country. From government-backed entities to private firms, the use of blockchain technology has become increasingly visible and progressive across various sectors, bolstering the country’s economy.    

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