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via Cointelegraph · By Cointelegraph Staff

UAE Stablecoin Issuers Build Regulated AED-USD Settlement Rails

NEAR

NEAR/USDT

$1.823

-6.18%

$1.823

-6.18%

(24s)

24h Volume

$384,352,210.13

24h H/L

$1.978 / $1.758

Change: $0.2200 (12.51%)

Funding Rate

+0.0049%

Longs pay

Data provided by COINOTAG DATALive data

NEAR

Daily

$1.767

▼ -3.71%

Volume (24h): -

Resistance Levels

Resistance 3$2.226

Resistance 2$2.0295

Resistance 1$1.875

Price$1.767

Support 1$1.7123

Support 2$1.548

Support 3$1.3522

Pivot (PP):$1.789

Trend:Sideways

RSI (14):37.8

Cointelegraph Staff

(07:00 AM UTC)

1 min read

Verified bySarah Chen

1276 views

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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