UAE Telco e& Trials Dirham-Pegged AE Coin for Bill Payments
On December 11, 2025, e& announced a memorandum of understanding to trial AE Coin, a Dirham-pegged stablecoin, for bill payments and other customer transactions. The agreement focuses on exploratory integration into e&'s digital platforms and billing workflows, allowing the companies involved to test user experience, settlement mechanics and operational controls in a controlled pilot.
If the pilot proves viable and secures necessary regulatory clearances, the project could expand everyday crypto use in the UAE by offering a fiat‑pegged digital alternative for recurring payments that may speed settlement and reduce costs. Observers note that success will depend on interoperability, consumer protections and central bank engagement; for now the MoU signals growing industry interest in combining telecom infrastructure with digital-asset rails while authorities assess risks and safeguards.