Network International, a leading fintech company across the Middle East and Africa, has become the first payments platform to enable regulated Stablecoin payments in the UAE through AE Coin acceptance, following the signing of a Memorandum of Understanding MoU with Al Maryah Community Bank MBank.
The partnership will see the integration of AE Coin, the UAE's first Central Bank-licensed, fully reserved, AED-denominated stablecoin, into Network's POS and E-commerce payment platforms, enabling merchants to accept AE Coin seamlessly across physical and digital channels.
This aligns with Network's broader strategy to expand its digital payment ecosystem and reinforce its market-leading role in supporting alternative and next-generation payment methods in the UAE, evidenced by its position as a leading fintech accepting regulated AED stablecoins.
