AED Stablecoin LLC has achieved a significant milestone by receiving in-principle approval from the Central Bank of The UAE to issue AE Coin, the nation's first AED-backed stablecoin. This marks a new chapter for the UAE’s financial landscape under the Payment Token Services Regulation.

AE Coin, fully backed by the UAE Dirham, is set to revolutionize the digital economy by providing a secure, transparent, and efficient payment solution. With its integration into decentralized finance platforms, AE Coin bridges traditional finance with digital assets, enhancing both consumer and business experiences. This development aligns with the UAE’s Digital Government Strategy 2025, further solidifying the UAE’s position as a global leader in financial innovation.