Assets · Stablecoin · issued by Zand Bank
Zand AED (AEDZ) (AEDZ)New
UAE dirham stablecoin issued by Zand Trust, a wholly owned subsidiary of Zand Bank, under Central Bank of the UAE approval; backed one to one by dirham reserves in segregated accounts.
Asset sources[1]
- Value per token
- AED 1
Issued through Zand AED (AEDZ) dirham stablecoin Announced
Classification · low confidence
- Legal form
- Stablecoin from regulator register
- Underlying
- Money
- Value behaviour
- Stable value · no income
- Ledger role
- Native
- Legal labels
- dirham payment token approved by the CBUAE (United Arab Emirates)[1]
Recorded as backed one to one by dirham reserves in segregated accounts; no attestation or breakdown found.
Sourced[1]. How assets are classified: methodology.
Contracts
No contract addresses recorded yet.
Sources
- [1]Zand Launches UAE's First AED-Backed Stablecoin on Public Blockchain — Zand Bank, 17 Nov 2025. Accessed 18 Oct 2026.B