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ADNOC to Accept Dirham-Backed AE Coin at 980 Fuel Stations in UAE, Saudi Arabia, and Egypt

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ADNOC Distribution will accept AE Coin, a dirham-backed stablecoin licensed by the UAE Central Bank, at 980 fuel stations across the UAE, Saudi Arabia, and Egypt. The rollout, announced at Abu Dhabi Finance Week in December 2025, uses the AEC Wallet from Al Maryah Community Bank for blockchain-based payments. AE Coin is pegged one-to-one to the dirham and focuses on regulated retail transactions, excluding speculation. The phased deployment prioritizes operational readiness. The initiative aligns with efforts in Countering the Financing of Terrorism and supports liquidity and crypto markets through controlled digital payments.
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