US and UAE Coordinate Plans on Digital Currencies

The UAE’s National Security Advisor, Sheikh Tahnoon Bin Zayed Al Nahyan, and Donald Trump’s Special Advisor on AI and Cryptocurrencies, David Sacks, discussed the development of digital assets and artificial intelligence.

I explored with @davidsacks47 , the Special Advisor on AI and Crypto, the transformative effects of artificial intelligence across various sectors, the expanding role of digital currencies in reshaping financial systems, and the investment opportunities emerging at their… pic.twitter.com/BXz5ZTl5FV

— Tahnoon Bin Zayed Al Nahyan (@hhtbzayed) March 20, 2025

The representatives spoke about the impact of AI, the “growing role of digital currencies,” and the “investment opportunities emerging at their convergence.”

On March 18, the US President hosted an official dinner with Sheikh Tahnoon Bin Zayed at the White House, where the leaders discussed strengthening economic partnerships between the countries.

According to Bloomberg, the UAE representative planned to discuss technology, energy, and increasing investments in the US with Trump.

Sheikh Tahnoon Bin Zayed also held talks with other senior US officials, including Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent.

Separately, he met with heads of major tech companies such as Larry Ellison (Oracle), Larry Fink (BlackRock), Satya Nadella (Microsoft), and Jensen Huang (Nvidia) to discuss AI development and access to computer chips amid US export restrictions.

The UAE’s National Security Advisor is also the chairman of the investment firm MGX, which reportedly plans to invest $7 billion in a private project called Stargate, valued at $500 billion, to build AI data centers in the US, announced by Trump a few days after his inauguration.

Back in March, MGX invested $2 billion in the cryptocurrency exchange Binance. The platform received the funds in stablecoins, though the team did not disclose details.