Official Name: AED Stablecoin LLC – S.P.C (Special Purpose Company)
Country: United Arab Emirates (the)
AED Stablecoin LLC is the Central Bank of the UAE (CBUAE) licensed issuer of AE Coin, the UAE's first regulated dirham-backed stablecoin. Established as a special purpose company under CBUAE Payment Token Services Regulation (Circular No. 2/2024), it operates exclusively on a business-to-business (B2B) basis, issuing, managing, and burning AE Coin tokens while delegating custody, transfer, and conversion services to authorized agents such as Al Maryah Community Bank.