ADNOC Distribution has announced the signing of a Memorandum of Understanding with Al Maryah Community Bank to accept AE Coin stablecoin payments across its retail network of nearly 980 service sites in the UAE, Saudi Arabia, and Egypt.
Customers can use AE Coin to pay at fuel pumps, Oasis by ADNOC convenience stores and car washes through Al Maryah Community Bank's AEC Wallet. AE Coin is the first central bank-licensed stablecoin in the UAE, pegged 1:1 to the dirham.
Abu Dhabi National Oil Company (ADNOC) will accept stablecoin payments at nearly 980 gas stations across the three countries
2025-12-13 11:40:54
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