ADNOC Distribution Adopts AED Stablecoin Payments Across UAE Network
ADNOC Distribution has integrated AE Coin, an AED-pegged stablecoin, into its payment systems nationwide. The blockchain-based solution enables instant transactions at fuel stations, convenience stores, and car washes through AEC Wallet by Al Maryah Community Bank.
CEO Bader Al Lamki positions this as a strategic MOVE to future-proof customer experiences: "Blockchain-powered transactions represent our commitment to innovation in mobility retail." The partnership demonstrates regulated stablecoins' growing role in mainstream commerce, with AED Stablecoin LLC emphasizing its fully reserved, compliant architecture.