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"Breaking: Apex Bank Approves First-Ever AED Stablecoin Launch"
AED Stablecoin LLC, the issuer of AE Coin, has received authorization from the Central Bank of the UAE to launch the country’s pioneering dirham-backed stablecoin.
Read more on: https://thecryptobasic.com/2024/10/15/uae-apex-bank-approves-launch-of-aed-stablecoin/
#AED #Crypto #CryptoNewsCommunity #CryptoNews🚀🔥V #CryptoNewsUSA
Read more on: https://thecryptobasic.com/2024/10/15/uae-apex-bank-approves-launch-of-aed-stablecoin/
#AED #Crypto #CryptoNewsCommunity #CryptoNews🚀🔥V #CryptoNewsUSA
The UAE Central Bank has recently approved the launch of its first AED-pegged stablecoin, AE Coin.
This development is part of the UAE’s Payment Token Services Regulation and marks a significant step towards integrating blockchain technology into the country’s financial system.
The AE Coin will be fully backed by UAE dirhams held in reserves, ensuring both stability and security for transactions within the UAE and internationally. The aim is to streamline digital payments, support day-to-day transactions, and enhance the country’s digital economy.
$USDC $BTC
#Stablecoin #BTCUptober #AED
This development is part of the UAE’s Payment Token Services Regulation and marks a significant step towards integrating blockchain technology into the country’s financial system.
The AE Coin will be fully backed by UAE dirhams held in reserves, ensuring both stability and security for transactions within the UAE and internationally. The aim is to streamline digital payments, support day-to-day transactions, and enhance the country’s digital economy.
$USDC $BTC
#Stablecoin #BTCUptober #AED
