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via Cointelegraph · By Cointelegraph Staff

UAE Stablecoin Issuers Build Regulated AED-USD Settlement Rails

NEAR

NEAR/USDT

$2.422

+11.61%

$2.422

+11.61%

(24s)

24h Volume

$644,569,376.87

24h H/L

$2.487 / $2.162

Change: $0.3250 (15.03%)

Funding Rate

+0.0035%

Longs pay

Data provided by COINOTAG DATALive data

NEAR

Daily

$2.403

▲ 9.63%

Volume (24h): -

Resistance Levels

Resistance 3$2.7555

Resistance 2$2.601

Resistance 1$2.487

Price$2.403

Support 1$2.3125

Support 2$2.147

Support 3$2.0255

Pivot (PP):$2.213

Trend:Uptrend

RSI (14):74.9

Cointelegraph Staff

(07:00 AM UTC)

1 min read

Verified bySarah Chen

0 comments

AE Coin and USD Universal are developing a regulated framework for converting between UAE dirham- and US dollar-denominated stablecoins, aiming to support institutional settlement and treasury operations in the United Arab Emirates.

The system, powered by Al Maryah Community Bank, is designed as a regulated conversion rail enabling near-instant exchange between the dirham-pegged AE Coin and the US…

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Source

Cointelegraph Staff · Cointelegraph

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