UAE: Zand has received final approval from the Central Bank of the UAE (CBUAE) to launch the country’s first fully regulated, multi-chain AED-backed stablecoin—marking a major milestone in the evolution of digital finance in the region.
The new digital asset, Zand AED, will be fully backed 1:1 by UAE dirham reserves, transparently audited, and issued on multiple public blockchains. Designed to meet the highest regulatory and technological standards, Zand AED aims to set a new benchmark for trust, stability, and interoperability in the global stablecoin landscape.
With the global stablecoin market projected to reach US$3 trillion in the coming years, the UAE is accelerating its position as a leader in regulated digital finance. Zand AED provides a secure, scalable, and future-ready digital currency infrastructure for financial institutions, fintech innovators, and blockchain developers seeking to build within one of the world’s most advanced and forward-thinking financial ecosystems.
By combining regulatory oversight with multi-chain flexibility, Zand AED is poised to become a foundational layer for next-generation digital payments, tokenized assets, cross-border settlement, and Web3 applications.
