Al Maryah Bank and Blockchain Center Unite to Boost AE Coin Adoption

Al Maryah Community Bank has entered into a strategic partnership with Blockchain Center Abu Dhabi to advance the adoption of blockchain technology and regulated digital finance in the UAE. The collaboration focuses on promoting AE Coin, the country’s first Central Bank–regulated stablecoin, which will be accessible through the AEC Wallet for secure, transparent, and compliant digital payments.

The initiative reflects both organizations’ shared goal of strengthening the UAE’s position as a global leader in digital innovation and financial technology. By combining Al Maryah Community Bank’s regulated digital banking infrastructure with Blockchain Center Abu Dhabi’s expertise in blockchain education, advisory services, and ecosystem development, the partnership aims to create a robust framework for blockchain-based financial applications that prioritize stability, compliance, and user trust.

Driving Regulated Blockchain Payments

The partnership is centered on the introduction of AE Coin payments through the AEC Wallet. AE Coin is pegged 1:1 to the UAE dirham and is fully backed by the Central Bank, ensuring that users can transact with the same confidence as traditional fiat currency. The wallet will enable businesses and individuals to carry out seamless payments, transfers, and settlements, aligning with the UAE’s broader strategy to foster a secure and inclusive digital economy.

Key priorities outlined under the agreement include promoting blockchain education across Abu Dhabi, building technological capacity, supporting compliant innovation, and driving the adoption of stablecoin-based payment and remittance solutions. The collaboration is expected to make blockchain technology more accessible to enterprises and individuals by offering regulated, user-friendly tools that simplify financial interactions.

Commitment to Digital Transformation

Executives from both organizations highlighted the partnership as a pivotal move toward advancing digital finance in the region. The leadership at Al Maryah Community Bank emphasized that the alliance with Blockchain Center Abu Dhabi reinforces its commitment to extending the reach of AE Coin and AEC Wallet as trusted and regulated digital finance solutions. The initiative was said to empower businesses and individuals to participate in blockchain innovation while maintaining a high standard of security and compliance.

Representatives from Blockchain Center Abu Dhabi expressed that the partnership supports their mission to expand blockchain adoption across the UAE and beyond. They conveyed that working alongside Al Maryah Community Bank and AE Coin allows them to accelerate the integration of stablecoin solutions into everyday finance, while simultaneously fostering knowledge, trust, and practical applications within the ecosystem.

Ramez Rafeek, General Manager of AED Stablecoin, noted that AE Coin was developed to transform daily financial interactions by combining blockchain’s efficiency with the trust associated with central bank oversight. He conveyed that the initiative aims to establish a payment infrastructure where businesses and consumers can transfer value instantly and securely under full regulatory assurance. Rafeek further indicated that the project looks ahead to positioning the UAE as a key player in the global digital economy through innovation in blockchain and stablecoin technologies.

Supporting the UAE’s Digital Economy Vision

The partnership between Al Maryah Community Bank and Blockchain Center Abu Dhabi aligns closely with the UAE’s national digital economy strategy, which emphasizes technological innovation and regulatory balance. By fostering a secure, transparent, and scalable ecosystem for blockchain-enabled payments, the collaboration is expected to enhance financial inclusivity and efficiency.

Industry observers view this alliance as a major step toward solidifying Abu Dhabi’s status as a regional hub for blockchain-powered innovation. With a strong emphasis on education, compliance, and real-world usability, the initiative sets a precedent for how regulated digital finance can evolve within the UAE’s growing digital infrastructure.