AE Coin Stablecoin Payments Now Available at ADNOC Distribution’s 980 Service Stations
Gas stations just got a crypto upgrade. AE Coin's stablecoin payments are now live across ADNOC Distribution's vast network of 980 service stations.
From Pump to Payment
This isn't a pilot or a test. It's a full-scale rollout. Drivers can now bypass traditional card networks and settle fuel bills directly with a digital asset pegged to real-world value. The move cuts out intermediaries, aiming for faster, cheaper transactions at the pump.
The 980-Station Footprint
ADNOC's scale makes this significant. With nearly a thousand locations, the integration creates one of the largest real-world crypto payment grids for a physical commodity. It's a use case that moves beyond speculative trading into daily utility.
Stablecoins Meet Main Street
The play is clear: leverage stability to gain adoption. By using a stablecoin, ADNOC sidesteps the volatility that makes spending Bitcoin on a latte feel reckless. It's a pragmatic step for a traditional industry—adopting the blockchain's efficiency while politely ignoring the rest of the crypto circus.
This puts digital asset payments squarely on the road map for millions of consumers. A cynical finance take? It's a brilliant way to onboard users who still think 'wallet' means leather, not digital—finally, a crypto use case that doesn't require explaining market caps or fearing a 20% swing before your tank is full.
The Collaboration
The cooperation between ADNOC Distribution and Al Maryah Community Bank is realized through the signing of a memorandum of understanding (MOU). The agreement enables customers to pay via AE Coin through the bank’s AEC Wallet at fuel pumps, Oasis by ADNOC convenience stores, and car washes. The availability of AE Coin is an excellent example of how a digitally issued asset backed by a sovereign can be used in the routine business sector.
Source: ZAWYAAE Coin is the first Central Bank-approved stable digital currency in the UAE, and it is fully backed by dirhams. So, the value of AE Coin is always equivalent to the value of the dirham, which makes it a very stable and SAFE medium of payment.
A Step Forward
The action is a major step forward in the company’s efforts to give everyday retail customers safe and controlled digital payment options, according to Eng. Bader Saeed Al Lamki, CEO of ADNOC Distribution. The organisation oversees 243 petrol stations in Egypt, 172 in Saudi Arabia, and 562 in the United Arab Emirates.
The use of AE Coin in operations by ADNOC Distribution, one of the biggest oil companies in the UAE, is a game-changer for international digital payments. This action demonstrates the potential for governments and businesses to test a blockchain-enabled transaction system before making a full transition. The landscape of digital payments has been steadily expanding. All we can do is watch to see how many other businesses and governments react.
Summary
The cooperation between ADNOC Distribution and Al Maryah Community Bank is a big leap forward in the employee adoption of digital payments in frontline retail. By using AE Coin stablecoins as means of transactions, it enables a safe and sound environment for the execution of money exchange. Consequently, as a result of the move, ADONC Shiphome workers are free to use AE Coin as a convenient channel for their in-person purchases.
The digital payments environment is fast becoming popular. There are so many companies and governments considering the merits of block chain-based transaction systems. One wonders how they will eventually decide to move.