[Changer.ae and DeScript Labs (PayTheFly) Sign MOU to Advance Crypto Payment Settlements in AED for UAE Merchants] According to Gulfnews, Changer.ae, a licensed virtual asset custody institution under Abu Dhabi Global Market (ADGM), has signed a one-year Memorandum of Understanding (MOU) with DeScript Labs (PayTheFly), a digital asset settlement and merchant technology company. The two parties will combine Changer.ae's compliant custody and asset conversion capabilities with DeScript Labs (PayTheFly)'s merchant technology to jointly explore compliant pathways for merchants in high-value industries such as real estate, automotive, and luxury goods in the UAE to accept digital asset payments and settle in AED fiat currency. Additionally, the two parties will provide enterprise clients with on-chain settlement based on decentralized protocols, compliant fiat currency settlement, and fund management solutions with built-in multi-signature mechanisms. This will effectively mitigate price volatility risks while significantly enhancing local and cross-border settlement efficiency.