{"id":144415,"date":"2024-12-10T18:30:52","date_gmt":"2024-12-10T16:30:52","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=144415"},"modified":"2024-12-10T15:39:43","modified_gmt":"2024-12-10T13:39:43","slug":"uae-approves-first-dirham-backed-stablecoin-boosting-crypto-market-growth","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/uae-approves-first-dirham-backed-stablecoin-boosting-crypto-market-growth\/","title":{"rendered":"UAE Approves First Dirham-Backed Stablecoin, Boosting Crypto Market Growth"},"content":{"rendered":"

This approval<\/a> <\/strong>signals a shift toward more robust regulation of digital assets and strengthens the country\u2019s efforts to create a secure and stable cryptocurrency market.<\/p>\n

The newly approved AED-pegged stablecoin, AE Coin, is designed to maintain a 1:1 ratio with the UAE Dirham, ensuring stability in its value. With blockchain technology at its core, AE Coin promises to deliver faster, more efficient transactions, providing a modern alternative to traditional banking systems.<\/p>\n

According to Ramez Rafeek<\/a><\/strong>, the General Manager of AE Coin, the stablecoin will offer instant, cost-effective transfers while setting new standards for trust and security in the digital currency sector.<\/p>\n