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Economy Country 2026-02-16T22:24:34+00:00

Maldivian Bank Launches Cryptocurrency Pegged to UAE Dirham

AED StableCoin LLC, owned by a local Maldivian bank, announced the launch of a new stablecoin pegged to the UAE dirham. The new digital asset aims to enhance financial stability and simplify international payments. The project is in its final testing phase.

Maldivian Bank Launches Cryptocurrency Pegged to UAE Dirham

AED StableCoin LLC, owned by the local Maldivian bank, announced the launch of a new stablecoin. This cryptocurrency is pegged to the UAE dirham and is designed to facilitate transactions within the country. Bank representatives emphasized that the new digital asset will enhance financial stability and simplify international payments. They also added that the project is in its final testing phase and will be launched in the coming months.

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