
news Article

Mbank has partnered with AE Coin to introduce the UAEโs ๐ณ๐ถ๐ฟ๐๐ ๐ฟ๐ฒ๐ด๐๐น๐ฎ๐๐ฒ๐ฑ ๐๐๐ฎ๐ฏ๐น๐ฒ๐ฐ๐ผ๐ถ๐ป, accessible via the ๐๐๐ ๐ช๐ฎ๐น๐น๐ฒ๐. This initiative aligns with the Central Bank of the UAEโs digital payment token framework, advancing the regionโs digital finance ecosystem.
๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐:
๐๐ ๐๐ผ๐ถ๐ป ๐ข๐๐ฒ๐ฟ๐๐ถ๐ฒ๐:
- Backed by the UAE Dirham for stability and efficiency.
- Fully regulated under the Central Bank of the UAE.
- Enables fast, secure, and low-cost transactions for retail and corporate users.
๐๐๐ ๐ช๐ฎ๐น๐น๐ฒ๐ ๐๐ฒ๐ฎ๐๐๐ฟ๐ฒ๐:
- Seamless payments, remittances, and fiat conversions.
- Intuitive platform for saving, investing, and everyday transactions.
๐ ๐ฏ๐ฎ๐ป๐ธ ๐ช๐ฎ๐น๐น๐ฒ๐ ๐๐ป๐๐ฒ๐ด๐ฟ๐ฎ๐๐ถ๐ผ๐ป:
- UAEโs first blockchain-based wallet with QR-based payments.
- No traditional bank account needed; register using Emirates ID.
- Supports secure domestic and international transfers.
๐๐๐๐๐ฟ๐ฒ ๐ฃ๐น๐ฎ๐ป๐:
- Partnerships with financial institutions and technology providers.
- Integration with decentralized applications (dApps).
- Listings on major exchanges and ongoing technology advancements.
This partnership marks a significant step in reshaping ๐ฑ๐ถ๐ด๐ถ๐๐ฎ๐น ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ฒ and enhancing financial inclusion in the UAE.