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RAKBank wins CBUAE in principle approval for an AED backed stablecoin, widening UAE competition with Zand AED and AE Coin.

Network International, a fintech company, has taken a decisive step in reshaping digital payments in the UAE by enabling regulated stablecoin acceptance nationwide. The move follows a strategic partnership with Al Maryah Community Bank, widely known...

UAE telecom giant e& teams up with AI Maryah Bank to test AE Coin for seamless bill payments, recharges, kiosks, and future e-commerce utility.

The MoU marks a cautious step toward real-world stablecoin payments in the UAE, with e& assessing how AE Coin could integrate into its digital channels.

e& UAE is preparing a new phase in digital payments as the company partners with Al Maryah Community Bank to test AE Coin for customer transactions.  The initiative introduces a Central Bank licensed AED backed stablecoin into one of the country’s...

The Abu Dhabi Judicial Department (ADJD) has become the first government institution in the Middle East to accept cryptocurrency, allowing residents to pay for court-related services using the regulated UAE stablecoin. The move allows for the...

In a landmark development, Abu Dhabi has become the first city in the world to integrate a stablecoin pegged to its national currency into public transportation payments. Residents and visitors can now pay for taxi rides using AE Coin, a digital...

Mbank and Air Arabia have agreed to work together as the Middle East and North Africa’s biggest low-cost airline. This partnership will allow passengers to use AE Coin to pay for flights through the AEC Wallet App. As a result, Air Arabia becomes...

Air Arabia now lets travelers book flights using AE coin, a UAE-regulated stablecoin backed by the dirham The post Air Arabia Adopts AED stablecoin for Payments in the UAE appeared first on Coinspeaker.

United Arab Emirates (UAE) granted AED Stablecoin LLC in-principle approval to launch AE Coin, the country's regulated stablecoin, GulfToday reported. The stablecoin issuer aims to improve payments and transactions in the region. It also seeks to...