NWTN Inc. (NASDAQ:NWTN), a UAE-based company focusing on smart mobility, manufacturing and blockchain solutions, has signed a memorandum of understanding with UAE Digital Finance Provider Changer.ae. The agreement aims to make NWTN the first manufacturer in the Middle East and is intended to accept Stablecoin payments. The initiative supports the UAE We The UAE 2031 plan to promote digital transformation, expand financial access and strengthen the country's role in the global fintech sector.
The partnership combines NWTN's mobility and manufacturing expertise with sagener.ae's regulated digital asset services. Together, they plan to create a commercial platform that uses Stablecoins for transactions in areas such as vehicle purchase, leasing, and procurement of manufacturing equipment. The system uses blockchain and smart contracts to improve transaction efficiency, reduce costs and increase transparency.
All businesses follow the standards of the Abu Dhabi Global Market (ADGM) Regulations and Financial Services Regulatory Authority (FSRA). changer.ae offers security measures such as encrypted asset storage, multi-signature wallets, and continuous monitoring. The company also plans to investigate the tokenization of real-world assets such as industrial equipment and real estate, and attract investment in the UAE manufacturing and technology sector.
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