星球日报|12月 13, 2025 11:05
[UAE's Largest Fuel Retailer ADNOC to Begin Accepting Stablecoin Payments]
Odaily Planet Daily News: ADNOC Distribution announced the signing of a Memorandum of Understanding (MoU) with Al Maryah Community Bank to accept AE Coin stablecoin payments across its retail network of nearly 980 service stations in the UAE, Saudi Arabia, and Egypt. Customers can use AE Coin via the AEC Wallet provided by Al Maryah Community Bank to make payments at fuel pumps, Oasis by ADNOC convenience stores, and car wash services. AE Coin is the UAE's first stablecoin licensed by the Central Bank, pegged to the dirham at a 1:1 ratio. ADNOC Distribution CEO Eng. Bader Saeed Al Lamki stated that this move is an important step for the company in introducing secure and regulated digital payments into everyday retail. ADNOC Distribution operates 562 stations in the UAE, 172 stations in Saudi Arabia, and 243 stations in Egypt.
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