🇦🇪 UAE Leads Again: First-Ever Stablecoin Taxi Payments Launched in Abu Dhabi!

Abu Dhabi just made history 🏁

Tawasul Transport, in partnership with Al Maryah Community Bank (Mbank), has officially rolled out AE Coin – a UAE-dirham pegged stablecoin – as a digital payment method for taxis 🚖💳

In collaboration with the Integrated Transport Center (ITC), this makes the UAE the first country in the world to adopt a government-regulated stablecoin for public transport fares.

📲 Simply scan the in-taxi QR code using the AEC Wallet app, available on Apple Store, Google Play, and Huawei AppGallery.

💰 Fixed rate: 1 AED = 1 AEC – ensuring secure, stable, and frictionless payments.

This is more than innovation – it’s a bold step towards smart mobility, financial inclusion, and a fully cashless future.

The UAE doesn’t follow trends. It sets them. 🚀

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