The Abu Dhabi Judicial Department has joined forces with Al Maryah Bank to pioneer the acceptance of digital currency in the Middle East’s public sector, introducing the regulated stablecoin AE Coin for legal service transactions. This partnership signifies a significant move towards modernizing government services and enhancing financial innovation, aligned with the UAE’s vision for a tech-driven public sector. AE Coin, backed by the UAE Central Bank and pegged to the dirham, ensures secure and stable payments for court-related services, setting a regional precedent for digital government integration.
