Overview
- e& is evaluating AE Coin for use across bill payments, mobile recharges, self-service kiosks and potential e-commerce touchpoints within its digital ecosystem.
- The collaboration operates under a memorandum of understanding and remains exploratory with no confirmed rollout plan or timeline.
- AE Coin is designed to mirror the value of the UAE dirham and has been described as holding preliminary approval under the Payment Token Service Regulation.
- Through its e& money unit, the company is assessing Crypto.com’s infrastructure for custody, liquidity provisioning and payment capabilities.
- Company statements frame the pilot as a move to test licensed stablecoins in high-volume consumer payments through supervised financial rails.