Mbank has announced a strategic partnership with 7X, aimed at enhancing the digital payment system in the United Arab Emirates. Soon, users within the 7X ecosystem will be able to pay for postal services, express delivery, logistics services, conduct e-commerce, and perform digital transactions using the AE Coin. This collaboration enables the adoption of blockchain-powered payment solutions using AE Coin, the first stablecoin pegged to the UAE dirham and licensed by the Central Bank of the UAE, within 7X's logistics systems, e-commerce platforms, and digital services across the emirates.
