NWTN Inc. (Nasdaq: NWTN), a UAE-based company focused 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 manufacturing company in the Middle East to accept stablecoin payments. The initiative supports the UAE’s “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 will combine NWTN’s expertise in mobility and manufacturing with Changer.ae’s regulated digital asset services. Together, they plan to create a commercial platform that uses stablecoins for transactions in areas such as vehicle purchases, leasing, and manufacturing equipment procurement. The system will use blockchain and smart contracts to improve transaction efficiency, reduce costs, and enhance transparency. All operations will follow Abu Dhabi Global Market (ADGM) regulations and Financial Services Regulatory Authority (FSRA) standards. Changer.ae will provide security measures such as encrypted asset storage, multi-signature wallets, and continuous monitoring. The companies also plan to explore tokenization of real-world assets, such as industrial equipment and real estate, allowing fractional ownership and attracting investment to the UAE’s manufacturing and technology sectors. Image: Freepik
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