ADNOC Distribution to Accept UAE’s AE Coin Stablecoin at 980 Fuel and Retail Locations
10 Articles
10 Articles
ADNOC Distribution, the largest fuel and retail chain in the United Arab Emirates, has started accepting the central bank-licensed stablecoin AE Coin as a payment method, marking a significant step in the daily use of digital currencies… Fuel and Retail Chains in 3 Countries Approve Cryptocurrency…
AE Coin Stablecoin Payments Now Available at ADNOC Distribution’s 980 Service Stations
ADNOC Partners with a Bank to enable AE Coin payments across 980 service stations. Stable Digital Currency: UAE’s first Central Bank-approved stablecoin, backed 1:1 with dirhams. ADNOC’s adoption of AE Coin signals a shift towards blockchain-based payment systems. ADNOC Distribution operates as the UAE’s leading fuel and convenience retail business, which has taken a major step to improve digital payment accessibility. The partnership between Al…
UAE Energy Giant ADNOC to Accept Stablecoin Payments Across 980 Fuel Stations
TLDR: ADNOC introduces AE Coin payments across fuel stations, convenience stores, and car washes. The MoU with Al Maryah Community Bank enables frictionless blockchain transactions. AE Coin is UAE’s first central bank-licensed, AED-backed stablecoin for real-world use. Initiative aligns with UAE’s Digital Economy Strategy and advances regulated digital payments. UAE energy giant ADNOC Distribution will begin accepting AE Coin stablecoin for pa…
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