AE Coin and USD Universal have introduced a regulated stablecoin exchange framework in the UAE that enables near-instant exchange between UAE Dirham and USD-backed payment tokens for institutional use.
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- AE Coin and USD Universal have launched a regulated transfer line between dirham-backed and dollar-backed stablecoins in the UAE.
- Al Mariah Community Bank supports the corporate settlement framework, treasury operations and cross-border payments.
According to March 7 advertisement The system was created with support from Al Mariah Community Bank and serves as a structured settlement barrier between the dirham-pegged AE and the dollar-backed USDU.
The companies said the infrastructure aims to support liquidity management, treasury operations and cross-border settlements within the UAE’s payment token framework.
Initial access to the transfer mechanism will be provided through regulated digital asset service providers Aquanow and Changer.ae, both of which operate under regulatory oversight in the UAE. World dollar He said USDU is regulated by the Financial Services Regulatory Authority of the Abu Dhabi Global Market and is registered with the Central Bank of the UAE as a foreign payment token. AE Coin separately obtained licensing approval from the UAE Central Bank.
worldwide Fired USDU was announced in January as the first USD-backed stablecoin registered under the UAE’s Token Payment Services Regulation framework for institutional and professional participants. Under current approvals, the token can be used for digital asset-related payments within the UAE, although retail payments on the mainland remain outside the scope of the mandate.
Across the UAE, regulators and free zones have continued to add blockchain-based financial and trading systems as the country competes to attract digital asset and Web3 companies.
Earlier this week, Ras Al Khaimah Free Zone Innovation City introduced a blockchain-powered business identity platform covering more than 1,000 registered businesses. The Dubai Cryptocurrency Regulatory Authority (VARA) also continued to approve companies operating in this sector. In February, Animoca Brands obtained a virtual asset service provider license from VARA, while BitGo obtained a broker-dealer license in late 2025.
Corporate coding activity has also accelerated in Abu Dhabi. Earlier this year, Binance introduced tokenized shares and exchange-traded funds from Ondo Global Markets after acquiring Approvals In Abu Dhabi. The offering included token exposure tied to companies such as Apple Inc. And NVIDIA Corporation.
In March, Vara Expanded Its rulebook for exchange-traded cryptocurrency derivatives by imposing limits on leverage, disclosure requirements, and suitability standards for licensed trading platforms offering the products.
AE Coin and USD Universal said their remittance framework could later support trade finance and multi-currency settlement services through integration with fintech companies focused on international payments.
