UAE’s Largest Fuel Retailer Will Accept Stablecoin in 980 Stations in Three Countries

Web3 Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email UAE’s Largest Fuel Retailer Will Accept Stablecoin in 980 Stations in Three Countries A new deal with Al Maryah Community Bank brings stablecoin payments to the pumps, shops and car washes at ADNOC retailers in UAE, Saudi Arabia and Ethiopia. By Olivier Acuna | Edited by Jamie Crawley Dec 12, 2025, 2:44 p.m. What to know : ADNOC Distribution will accept AE Coin stablecoin for payments at nearly 980 service stations across the UAE, Saudi Arabia, and Egypt. The company has partnered with Al Maryah Community Bank to enable AE Coin payments via the AEC Wallet at fuel pumps, convenience stores, and car washes. AE Coin, the UAE's first stablecoin licensed by the Central Bank, is backed 1:1 with dirhams and marks a significant step in integrating digital payments into everyday retail. ADNOC Distribution, the UAE’s largest fuel and convenience retailer, will begin accepting AE Coin stablecoin for payments across its retail network of nearly 980 service stations in the United Arab Emirates, Kingdom of Saudi Arabia and Egypt. The retailer signed a memorandum of understanding (MOU) with Al Maryah Community Bank to enable customers to pay using AE Coin via the bank’s AEC Wallet at fuel pumps, Oasis by ADNOC convenience stores and car washes, the company said in a statement. STORY CONTINUES BELOW Don't miss another story. Subscribe to the The Protocol Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . The rollout of AE Coin provides an early example of how a sovereign-backed digital asset can be used in everyday commerce, signaling a potential shift in how governments and private companies experiment with blockchain-based payment systems. “This move is a meaningful step in ADNOC Distribution’s efforts to bring secure, regulated digital payments to everyday retail,” said Eng. Bader Saeed Al Lamki, CEO of ADNOC Distribution. The company operates 562 stations in the UAE, 172 in Saudi Arabia and 243 in Egypt. AE Coin is the UAE’s first stablecoin licensed by the Central Bank and backed 1:1 with dirhams. Its adoption by ADNOC Distribution moves the currency into real-world retail, where it can now be used by millions across the company’s nearly 1,000 sites. 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View Full Report More For You YouTube Now Allows U.S. Content Creators to Get Paid in PayPal’s Stablecoin: Fortune By Olivier Acuna | Edited by Jamie Crawley 2 hours ago YouTube has added PayPal’s dollar-pegged stablecoin as a payout option for U.S. content creators, marking one of PYUSD’s most high-profile use cases yet. What to know : YouTube enabled U.S. content creators to receive their earnings in PayPal’s stablecoin PYUSD. The move highlights how major tech platforms, including Apple, Airbnb and X, are increasingly exploring stablecoins as a payout rails. YouTube’s use of PYUSD marks one of the most prominent examples of PayPal’s stablecoin being used for creator monetization, expanding its role beyond backend payments into consumer-facing income streams. 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