Dubai Leads Crypto Adoption, Taxis Can Now Be Paid with Digital Assets
DUBAI – The United Arab Emirates (UAE) has once again reaffirmed its position as a global leader in digital innovation. Starting today, residents and tourists in Dubai can pay their taxi fares using cryptocurrency.
The Roads and Transport Authority (RTA) of Dubai has officially announced a partnership with a renowned crypto payment service provider. Through this partnership, the entire fleet of official taxis under the Dubai Taxi Corporation will be equipped with a system that allows payments via QR code from users' digital wallets. Some of the cryptocurrencies accepted include Bitcoin (BTC), Ethereum (ETH), and stablecoins such as USDT.
This step is seen as one of the most significant examples of real-world crypto adoption for everyday public services. This initiative not only provides convenience and new options for consumers but is also part of the UAE's ambitious vision to build a future economy based on blockchain technology.