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AE Coin

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uuid0067v7z

Namestring
AE Coin
Legal namestring
AED Stablecoin LLC
Websiteurl
aecoin.com
Company typeenum
Private
Founded yearint
2024
Descriptiontext

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.

Short descriptiontext

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.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersAbu Dhabi, United Arab Emirates
HQ citystring
Abu Dhabi
HQ countrystring
United Arab Emirates
HQ regionstring
Middle East
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
dirham-backed stablecoin, blockchain settlement, payment token issuance, regulated digital currency, UAE payment tokens
Industry3 codes
1Stablecoin Issuers (Fiat-Backed)
CodeFSADADAAPrimaryYes
2Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails)
CodeFSAPAIAJPrimaryNo
3Mint/Redeem, Issuance APIs & Treasury Operations Platforms
CodeFSADADAEPrimaryNo
NAICS code1 code
  • Funds, Trusts, and Other Financial Vehicles525
SIC code1 code
  • Finance Services6199
Product category
Stablecoin / Regulated Digital Currency
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Stablecoin Issuance and Management
TypeTransaction Fee
Description

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.

aecoin.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Operations, Personnel, Marketing or Sales, Others
Pricing details1 tier
1Transaction fees through agent network
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

Agents offer competitive transaction fees for AE Coin transactions, making it affordable for users.

aecoin.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

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.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

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.

Product and service1 record
1AE Coin
CategoryStablecoin / Regulated Digital Currency
Description

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.

Scale indicator2 records

Each record includes

Type, Value, Description, Source

Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
1Project mBridge (BIS Innovation Hub)
TypeBroad incumbent
Description

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.

TypeRegional player
Description

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).

3Stasis
TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

TypeBroad incumbent
Description

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.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

AE Coin

Stablecoin / Regulated Digital Currencyaecoin.com

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.

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

  • Dirham-backed stablecoin
  • Blockchain settlement
  • Payment token issuance
  • Regulated digital currency
  • UAE payment tokens

Where AE Coin is headquartered

Location

Headquarters

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

  1. 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

ModelBillingPrice
Transaction based/ take ratePay-as-you-goTransaction fees through agent network

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

AE Coin product offering

Product offering

Core 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 profile

Segments1 record

Ideal customer profiles1 record

AE Coin technology and API

Technology

Technology 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 signal

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

AE Coin competitors and assessment

Company assessment

Broad 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 presence

AE Coin compliance and trust

Trust signal

Compliance2 records

AE Coin financial estimates

Financial estimate

Revenue estimate

Valuation estimate

AE Coin leadership team

Management profile

Number of profiles

Profiles1 record

AE Coin funding detail

Funding detail

Funding 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 investment

M&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.

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Live signals
GulfNewsAE Coin expands into professional services as Nephos becomes first firm to accept regulated AED Stablecoin paymentsAE Coin, the UAE's first Central Bank-licensed AED-backed stablecoin, has partnered with Nephos Group as the first professional services firm in the region to accept stablecoin payments, marking AE Coin's expansion beyond exchanges and remittances into mainstream business services. Nephos Group, with around 500 business clients and access to up to approximately half a million end users, will enable invoice settlements in seconds through AEC Wallet, offering faster settlement times and lower transaction costs compared to traditional banking rails. The integration signals a broader evolution in regulated digital currency adoption across the UAE, with stablecoins increasingly being embedded into everyday commercial transactions.GulfNewsAE Coin and USDU to develop a regulated AED–USD digital conversion framework for institutional settlement in the UAEAE Coin, the UAE's first AED-pegged stablecoin, and USDU, a USD-backed stablecoin regulated in Abu Dhabi, announced a strategic collaboration to develop a regulated AED–USD digital conversion framework for institutional settlement in the UAE. The initiative aims to support cross-border trade finance, virtual asset market settlement, and liquidity management within the UAE's regulatory framework, with initial access provided through regulated digital asset custodians.MENA Fintech AssociationAE Coin and USDU to Develop A Regulated AED–USD Digital Conversion Framework for Institutional Settlement in the UAEAE Coin, the UAE's first AED-pegged stablecoin licensed by the Central Bank of the UAE, and USD Universal (USDU), a USD-backed stablecoin regulated by the FSRA in Abu Dhabi Global Market and registered under the Central Bank's Payment Token Services Regulation, have announced a strategic collaboration to develop a regulated AED–USD digital conversion framework powered by Al Maryah Community Bank. The initiative establishes an automated conversion mechanism enabling near-instant exchange between USD- and AED-denominated payment tokens within the UAE's regulatory framework, supporting virtual asset settlement, treasury operations, and liquidity management. The partners intend to explore integration with fintech platforms for cross-border trade finance, positioning the framework as a foundation for compliant multi-currency digital settlement and future trade-finance applications.TradingViewUAE-regulated stablecoins to develop AED-USD conversion rails for institutional settlementAE Coin and USD Universal are developing a regulated conversion system for AED-USD stablecoins, targeted at institutional settlements in the UAE, powered by Al Maryah Community Bank. The framework allows near-instant exchange between AED-pegged AE Coin and USD-backed USDU within the UAE’s payment token ecosystem, with potential future expansion into trade finance and multi-currency settlement.CoinTelegraphUAE Stablecoin Issuers Build Regulated AED-USD Settlement RailsUAE-regulated stablecoin issuers AE Coin and USD Universal are building a regulated settlement rail for converting between UAE dirham and US dollar stablecoins, powered by Al Maryah Community Bank, targeting institutional payments and treasury flows. The system enables near-instant exchange between dirham-pegged AE Coin and US dollar-backed USDU within the UAE's payment token framework, with initial access through regulated digital asset service providers Aquanow and Changer.ae. The companies indicated the framework could later expand into trade finance and multi-currency settlement applications.CoinTelegraphBNY to Launch Institutional Bitcoin, Ethereum Custody for Investors in UAEBNY partnered with Finstreet and ADI Foundation to offer regulated Bitcoin and Ethereum custody to UAE clients from Abu Dhabi Global Market. The initiative, subject to regulatory approvals, may later expand to stablecoins and tokenized assets. BNY claims to be the first US global systemically important bank to offer such custody.ZawyaAE Coin and USDU to develop a regulated AED–USD digital conversion framework for institutional settlement in the UAEAE Coin and USDU announced a collaboration with Al Maryah Community Bank to develop a regulated AED-USD digital conversion framework. The initiative enables near-instant exchange between USDU and AE Coin, with access via Changer.ae and Aquanow. It aims to support institutional settlement and future trade-finance applications.GulfNewsWhy stablecoins are moving into the mainstream worldwide, in the UAEThe UAE has officially licensed its own dirham-backed stablecoin called AE Coin, which is the country's first fully authorized digital currency for daily payments. This stablecoin is backed one-to-one by UAE dirhams held in regulated banks and aims to facilitate faster and more efficient transactions within the domestic economy.TechAfrica NewsAl Maryah Community Bank Partners with Blockchain Center Abu Dhabi to Expand AE Coin PaymentsAl Maryah Community Bank has signed a strategic partnership with Blockchain Center Abu Dhabi to offer AE Coin payments through AEC Wallet, the UAE's first Central Bank-regulated stablecoin pegged to the dirham. The collaboration aims to accelerate blockchain adoption and provide businesses and individuals with secure, regulated digital financial solutions for payments, remittances, and digital commerce. The partnership aligns with the UAE's national digital economy strategy and positions Abu Dhabi as a regional hub for blockchain-powered financial innovation.