ADNOC Distribution Brings AE Coin Payments to Fuel Stations in Three Countries
ADNOC Distributionnthe largest fuel and convenience retailer in the United Arab Emirates, is preparing to accept stablecoin payments across nearly 980 service stations spanning the UAE Saudi Arabia, and Egypt. The move marks one of the most exxpansive real-world retail deployments of a regulated digital currency in the region.
Under a new agreement with Al Maryah Community Bank, customers will be able to pay using AE Coin through the bank’s AEC Wallet. The stablecoin will be accepted at fuel pumps, convenience stores, and car wash facilities, integrating digital payments directly into everyday consumer activity.
AE Coin holds a unique position as the UAE’s first Central Bank licensed stablecoin backed 1:1 by the UAE dirham. Its adoption by a major national retailer signals growing confidence in regulated blockchain-based payment systems for mainstream use. ADNOC Distribution operates 562 stations in the UAE 172 in Saudi Arabia, and 243 in Egypt, giving the initiative immediate scale.
The rollout highlights how sovereign-backed digital assets can function beyond trading and transfers, moving into daily commerce where speed, stability, and regulatory clarity are essential. By enabling stablecoin payments at physical retail locations, ADNOC Distribution is positioning itself at the forefront of digital payment innovation in the energy and retail sector.
As governments and financial institutions continue to explore blockchain applications, this deployment offers a clear example of how stablecoins can bridge traditional retail and digital finance, potentially reshaping how consumers transact across the region.
Disclaimer
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