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Abu Dhabi's ADNOC Launches Stablecoin Payments Across 980 Locations in 3 Nations

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Abu Dhabi's ADNOC has started accepting AE Coin, a dirham-pegged stablecoin, at 980 locations in the UAE, Saudi Arabia, and Egypt. The move aligns with stablecoin regulation efforts by the UAE Central Bank. AE Coin is the first stablecoin approved for such use. The rollout supports faster, secure, and cross-border payments. ADNOC Distribution includes service stations, convenience stores, and car washes. The initiative also aims to strengthen compliance with Countering the Financing of Terrorism standards.
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