Changer.ae and DeScript Labs Sign One-Year MOU for AED Crypto Payment Settlement in UAE

According to Gulfnews, ADGM-licensed digital asset custodian Changer.ae and merchant technology company DeScript Labs (PayTheFly) signed a one-year Memorandum of Understanding on June 18. The partnership combines Changer.ae's compliance custody and asset conversion capabilities with DeScript Labs' merchant technology to enable high-value sector merchants in real estate, automotive, and luxury goods to accept digital asset payments settled in AED. Both parties will provide enterprise clients with on-chain settlement solutions, compliant fiat conversion, and multi-signature fund management mechanisms.
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