AE Coin
AE Coin, operated by AED Stablecoin LLC, is the first CBUAE-licensed UAE dirham-pegged stablecoin (1 AEC = 1 AED). It issues exclusively B2B through a network of appointed banks and businesses acting as agents for custody, transfer, and conversion.
- Company typePrivate
- Founded2024
- HeadquartersAbu Dhabi, United Arab Emirates
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What AE Coin does
AED Stablecoin LLC operates AE Coin, the first stablecoin licensed by the Central Bank of the UAE (CBUAE) under the CBUAE Payment Token Regulations. Each AE Coin token is pegged 1:1 to the UAE dirham (1 AEC = 1 AED), and the product is built on blockchain technology to provide secure, immutable, real-time settlement for institutional use cases such as local payments and wealth preservation. The single product includes wallet services, Multi-Factor Authentication (MFA) for transactions routed through participating agents, and bilingual (English/Arabic) user-facing content, with no disclosed APIs, SDKs, or developer-facing integrations beyond references to institutional API metadata in the privacy policy.
AED Stablecoin LLC is headquartered in Abu Dhabi, UAE, and operates exclusively as a B2B issuer. The company's sole function is the minting of AE Coin, while custody, transfer, and conversion are carried out by a network of appointed agents consisting of banks and businesses; the company maintains no direct relationships with end customers. Revenue is generated through transaction-based fees on AE Coin flows routed through the agent network, with pricing not publicly disclosed. Distribution is entirely indirect, relying on CBUAE-authorized institutional agents as the channel, and go-to-market is supported through content marketing (webinars, tutorials, whitepapers) and a bilingual website.
The company is privately held with no disclosed parent company, no venture capital or institutional equity investors, no disclosed funding rounds, and a small leadership team led by Ramez Rafeek as General Manager. It is compliant with the UAE Personal Data Protection Law (PDPL) and CBUAE Consumer Protection Standards, and its operating geography is restricted to the UAE. As of the available data, AE Coin is in early commercialization following its CBUAE license, with no disclosed revenue, transaction volume, or agent count.
AE Coin firmographics
Firmographics- Name
- AE Coin
- Legal name
- AED Stablecoin LLC
- Website
- https://aecoin.com
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- AE Coin, operated by AED Stablecoin LLC, is the first CBUAE-licensed UAE dirham-pegged stablecoin (1 AEC = 1 AED). It issues exclusively B2B through a network of appointed banks and businesses acting as agents for custody, transfer, and conversion.
- Ownership category
- akta.pro rank
AE Coin industry classification
Industry- Product category
- Stablecoin / Regulated Digital Currency
- NAICS
- Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Stablecoin Issuers (Fiat-Backed) (FSADADAA)
- akta.pro secondary industries
- Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails) (FSAPAIAJ), Mint/Redeem, Issuance APIs & Treasury Operations Platforms (FSADADAE)
Keywords
Where AE Coin is headquartered
LocationHeadquarters
- HQ city
- Abu Dhabi
- HQ country
- United Arab Emirates
- HQ region
- Middle East
Offices1 record
Markets served
AE Coin business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Personnel, Marketing or Sales, Others
Revenue model
- Stablecoin Issuance and Management: AED Stablecoin LLC focuses exclusively on minting AE Coin, while custody, transfer, and conversion functions are managed by appointed agents. Revenue is generated through the issuance and management of the stablecoin, with agents offering competitive transaction fees to end customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Transaction fees through agent network |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
AE Coin product offering
Product offeringCore offering
AE Coin (operated by AED Stablecoin LLC) is the first UAE-regulated stablecoin, a blockchain-based digital currency where each AE Coin is pegged 1:1 to the UAE dirham (1 AEC = 1 AED). The company focuses exclusively on issuing and managing the AE Coin stablecoin under a CBUAE license, while all custody, transfer, and conversion functions are delivered through a network of appointed banks and businesses acting as agents on a strictly B2B basis.
Product overview
AE Coin is a single-product stablecoin offering — the first UAE-regulated stablecoin backed 1:1 by the UAE dirham. Built on blockchain technology, it provides real-time transactions, wallet services, and wealth protection for institutional customers. The company (AED Stablecoin LLC) handles token issuance, while custody, transfer, and conversion are managed through a network of appointed agents. There are no separate modules, add-ons, or platform tiers — the AE Coin stablecoin is the sole product.
Differentiator
Problem solved
Functional benefit
Products and services
- AE Coin AE Coin is a blockchain-based, CBUAE-licensed stablecoin pegged 1:1 to the UAE dirham (1 AEC = 1 AED), designed for institutional customers such as banks and licensed businesses operating as agents to mint, custody, transfer, and convert a regulated digital currency for real-time settlement and wealth protection.
Companies that use AE Coin
Customer profileSegments1 record
Ideal customer profiles1 record
AE Coin technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
AE Coin partnerships and signals
Strategic signalScale indicators2 records
Recent moves4 records
Expansion highlights3 records
AE Coin competitors and assessment
Company assessmentBroad incumbents
- Project mBridge (BIS Innovation Hub): Multi-CBDC platform developed by the BIS Innovation Hub with the Central Bank of the UAE among the participants. Adjacent incumbent building cross-border tokenized settlement rails that could compete with or integrate AE Coin's AED stablecoin flows.
- JPMorgan (JPM Coin / Onyx): Operates JPM Coin and the Onyx blockchain-based tokenized money platform for institutional settlement. Comparable as a tokenized-fiat settlement rail for banks, though delivered as part of a much broader banking and capital-markets franchise.
Regional players
- Mamo (MAMO Pay): UAE-based fintech providing regulated payment infrastructure and digital wallets for businesses. Comparable as a UAE-domestic, CBUAE-aligned payment platform, though operating at a different layer (payments vs. tokenized-fiat issuance).
Direct peers
- Stasis: Issuer of EURS, a euro-backed stablecoin under EU regulatory oversight. Comparable to AE Coin as a regional, fiat-backed, single-fiat stablecoin targeting settlement and treasury use cases.
- Paxos: Regulated US trust that issues multiple fiat-backed stablecoins (USDP, PYUSD for PayPal, BUSD historically). Highly comparable as a multi-license, compliance-first stablecoin issuer with B2B distribution.
- StraitsX: Issuer of XSGD and XIDR, Singapore-dollar and Indonesian-rupiah backed stablecoins regulated by the Monetary Authority of Singapore. Closely comparable as a single-jurisdiction, regulator-licensed, fiat-backed stablecoin for institutional payments.
- Circle Internet Group: Issuer of USDC, a regulated USD-backed stablecoin operating under US state and federal oversight. Closely comparable to AE Coin as a fully reserved, fiat-backed stablecoin issuer targeting institutional and enterprise use cases.
- Tether: Issuer of USDT, the largest fiat-backed stablecoin by circulating supply. Directly comparable to AE Coin as a tokenized-fiat issuer with enterprise distribution, although operating outside a single-license regulatory framework.
- First Digital Labs: Hong Kong-based issuer of FDUSD, a regulated USD-backed stablecoin. Comparable as an Asia-focused, regulator-aligned fiat stablecoin targeting institutional and exchange liquidity.
- TrueUSD (Techteryx): Issuer of TUSD, a USD-backed stablecoin with third-party attestations and B2B distribution. Comparable as a fiat-backed tokenized-fiat issuer serving exchanges and enterprise partners.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights5 records
Customer concentration
AE Coin social profiles
Digital presenceAE Coin compliance and trust
Trust signalCompliance2 records
AE Coin financial estimates
Financial estimateRevenue estimate
Valuation estimate
AE Coin leadership team
Management profileNumber of profiles
Profiles1 record
AE Coin funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AE Coin M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AE Coin
What does AE Coin do?
AE Coin (operated by AED Stablecoin LLC) is the first UAE-regulated stablecoin, a blockchain-based digital currency where each AE Coin is pegged 1:1 to the UAE dirham (1 AEC = 1 AED). The company focuses exclusively on issuing and managing the AE Coin stablecoin under a CBUAE license, while all custody, transfer, and conversion functions are delivered through a network of appointed banks and businesses acting as agents on a strictly B2B basis.
Is AE Coin a public or private company?
AE Coin is a private company. It is classified as unknown and is currently operating.
When was AE Coin founded?
AE Coin was founded in 2024. It employs 11 to 50 people.
Where is AE Coin based?
AE Coin is headquartered in Abu Dhabi, United Arab Emirates, in the Middle East region.
How does AE Coin make money?
One revenue line is on record: stablecoin Issuance and Management.
Who are AE Coin's main competitors?
Broad incumbents on record are Project mBridge (BIS Innovation Hub) and JPMorgan (JPM Coin / Onyx). Mamo (MAMO Pay) is listed as a regional player. Direct peers are Stasis, Paxos, StraitsX, Circle Internet Group, Tether, First Digital Labs and TrueUSD (Techteryx).
Does AE Coin have an API?
No public API is recorded for AE Coin.
What industry is AE Coin in?
AE Coin's product category is Stablecoin / Regulated Digital Currency. Its primary akta.pro industry code is FSADADAA, Stablecoin Issuers (Fiat-Backed), with a secondary code of FSAPAIAJ, Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails). Its NAICS code is 525 and its SIC code is 6199.