E& UAE to Consider Enabling Stablecoin Payments Through AE Coin

e& UAE to consider enabling stablecoin payments through AE Coin

Customers will soon be able to use AE Coin, the UAE’s first Central Bank–licensed AED-backed payment token, to settle telecom bills, recharge accounts, and perform a range of digital transactions

UAE telecom group e& to trial dirham-backed stablecoin payments across digital services – #CryptoUpdatesGNIT

Key Takeaways e& UAE is piloting AE Coin, a stablecoin pegged to the UAE dirham, for everyday consumer payments. The initiative follows a partnership between e& and Al Maryah Community Bank to advance digital asset payment solutions. Share this article UAE telecom giant e& is testing a dirham-backed stablecoin called AE Coin for everyday payments after signing a memorandum of understanding with Al Maryah Community Bank. The initiative will inte…

UAE telecom group e& to trial dirham-backed stablecoin payments across digital services

e& UAE will pilot AE Coin, a Central Banklicensed stablecoin, for telecom payments in partnership with Al Maryah Community Bank. The post UAE telecom group e& to trial dirham-backed stablecoin payments across digital services appeared first on Crypto Briefing.

e& and Al Maryah Bank to Pilot UAE’s AE Coin Stablecoin

e&, a telecom company in the UAE, has signed a memorandum of understanding (MOU) with Al Maryah Community Bank to test AE Coin, a Central Bank–approved stablecoin linked to the dirham, for customer payments.

UAE telco giant e& taps dirham stablecoin for bill payments pilot

UAE telecom e& will explore using the central bank-licensed AE Coin for bills, top-ups and digital services, though the initiative remains a pilot.

UAE Telecom Giant e& to Accept AE Coin for Bill Payments

e& UAE partners with Al Maryah Community Bank to test AE Coin for regulated telecom payments AE Coin pilot uses a Central Bank licensed AED backed stablecoin across multiple channels Banks and fintech teams trial real world stablecoin payments as the UAE pushes cashless goals 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 introdu…