Stablecoin Issuance Platform Software for Issuers across the UAE

Who this is for: UAE-licensed stablecoin issuers under PTSR (AE Coin-style operations), aspiring PTSR licensees building pre-application infrastructure, merchant acceptance operators building POS and online acceptance, and regulated financial institutions (banks, SVF providers) extending into payment token issuance. Not positioned as a USDC-, USDT-, or DAI-scale global stablecoin infrastructure replacement - those are issued by Circle, Tether, and MakerDAO with different regulatory postures and reserve scales.

Six connected capability areas: (1) PTSR-aligned issuance and redemption engine with KYC, AML, and settlement cycle support. (2) Reserve management and attestation layer with continuous composition tracking. (3) Merchant acceptance rails across POS and online. (4) Multi-regulator coordination layer. (5) Treasury integration with UAE commercial banks for reserve deposits. (6) Regulatory reporting for PTSR and applicable jurisdiction-specific regulators.

Circle (USDC), Tether (USDT), and MakerDAO (DAI) operate global stablecoin infrastructure at tens-of-billions scale with mature issuance, redemption, custody, and merchant acceptance. These are dominant global stablecoins with infrastructure investment reflecting their scale.

Custom stablecoin issuance software is designed for operators building UAE-licensed Dirham-pegged stablecoin propositions aligned to PTSR, UAE-focused merchant acceptance, and UAE regulatory reporting. AE Coin from Al Maryah Community Bank and Mbank is the reference implementation pattern - UAE-licensed, Dirham-pegged, reserve-attested, merchant-acceptance-focused. The platform is designed to align with PTSR from day one rather than retro-fit UAE licensing onto USD-stablecoin infrastructure.

CBUAE's Payment Token Services Regulation sets licensing requirements for payment token issuance, redemption, custody, and payment services. Mint workflow captures customer KYC and AML clearance at issuance - the issuing counterparty is verified, source of funds established, and PTSR-aligned customer onboarding evidence captured.

Redemption processing accepts stablecoin and returns fiat to the customer's nominated UAE bank account. Settlement cycle aligns with CBUAE expectations - typically same-day or next-day depending on rail. Reserve verification at issuance and redemption events ensures reserve adequacy is continuously maintained.

Stablecoin issuers hold reserves backing issued tokens. Reserve composition - cash in UAE commercial banks, short-term UAE sovereign securities (typically ≤90 days maturity), overnight liquidity reserves - is tracked continuously at the platform level rather than in periodic spreadsheet rollups.

Segregation of reserve assets from operational assets is enforced through structured treasury governance. Attestation reporting at monthly cadence (market standard for major stablecoins) is produced with evidence from the operational record. Third-party auditor integration provides the attestation authority. Reserve stress-testing simulates stress scenarios - large redemption waves, asset price moves, operational disruption.

Merchant acceptance happens at retail POS (physical card-machine equivalent for stablecoin) and at online checkout (payment gateway integration with stablecoin as rail). Settlement infrastructure handles merchant-side experience - merchants may hold received stablecoin or convert to fiat immediately via the platform.

Aani and Jaywan integration where merchant acceptance leverages traditional payment rails - merchant receives AED via conventional rail while customer pays in stablecoin with the issuer handling conversion. Merchant onboarding, KYC (business-level), and reconciliation operate through structured workflow. Integration with Checkout.com, Network International, Magnati, and other UAE payment gateways handles merchant-side reach.

PTSR (CBUAE onshore) covers the core stablecoin activity. VARA (Dubai) regulates where stablecoin activity intersects with virtual asset service provision. SCA (onshore) regulates securities-adjacent activity. FSRA (ADGM) and DFSA (DIFC) regulate free-zone activity. Decree-Law 6/2025 Article 62 brings emerging-technology perimeter inside CBUAE licensing transition by 16 September 2026.

The coordination layer maps each activity type to the applicable regulator(s). Regulatory reporting cadence and template per regulator is handled. Cross-regulator evidence capture supports operators whose activities span multiple perimeters. Licensing application and maintenance remain the operator's responsibility; the platform produces audit-ready evidence.

Here's where custom stablecoin issuance platform typically sits in a wider stack.

Blockchain and custody infrastructure - we sit alongside public blockchain protocols (Ethereum, major Layer 2s, UAE domestic chains where applicable) for on-chain issuance, and Hex Trust, Komainu, Copper, Fireblocks for institutional custody of reserves and issuer wallets.

Banking and settlement - we integrate with UAE commercial banks for fiat reserve deposits and settlement, Al Etihad Payments for Aani and Jaywan integration where applicable, and SWIFT for cross-border flows where relevant.

Compliance and attestation - we connect with Chainalysis KYT, Elliptic, TRM Labs for blockchain analytics; Sumsub, Onfido for KYC; Refinitiv, ComplyAdvantage for sanctions; and third-party auditors (PwC, Deloitte, KPMG, EY UAE) for reserve attestation.

Integration approach is scoped during discovery. We don't ask you to rip and replace anything that works.

Discovery runs six to eight weeks. Working with your product, compliance, treasury, technology, and regulatory affairs teams, we map current issuance and redemption approach, reserve management posture, merchant acceptance strategy, and multi-regulator coordination. Output is a detailed report covering current-state map, platform architecture, integration scope with banks and blockchain infrastructure, phased implementation plan, and fixed-price build proposal.

Build for a core stablecoin issuance platform runs sixteen to twenty-four weeks from discovery completion. Full PTSR alignment, reserve management, merchant acceptance, and multi-regulator coordination rollout phases in over twelve to twenty-four months depending on merchant scope and blockchain protocol breadth.

Pricing varies by merchant acceptance scope, blockchain protocol breadth, and multi-regulator jurisdiction count. A bracket isn't published; discovery produces a fixed-price proposal with no obligation to proceed.