Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13286
Markets: 104211
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13286
Cryptocurrencies
64.60%
Bitcoin Share
coinpedia 2025-06-24 12:16:49

Fact Check: Are Abu Dhabi Taxis Accepting Crypto Payments with AE Coin?

Fact Check: Are Abu Dhabi Taxis Accepting Crypto Payments with AE Coin?

The post Fact Check: Are Abu Dhabi Taxis Accepting Crypto Payments with AE Coin? appeared first on Coinpedia Fintech News Abu Dhabi has just made history and has taken a major step forward in digital innovation. Passengers can now pay for their taxi rides using AE Coin through the AEC Wallet app, across all Tawasul taxis in the Emirate of Abu Dhabi. AbuDhabi’s Push for Smart Mobility This milestone is part of a broader push to improve digital payments and create a smarter, safer, and more seamless travel experience. This is the first time anywhere in the world that a stablecoin pegged to the UAE dirham is being used for public transport. The initiative is launched by Tawasul Transport in partnership with Al Maryah Community Bank and the Integrated Transport Center (ITC). Easy, Secure Taxi Payments with AE Coin The AEC Wallet makes paying for taxis easy and secure, as passengers simply scan a QR code inside the vehicle to complete their ride. AE Coin is pegged 1:1 with the UAE dirham, offering price stability and boosting confidence in using digital currency. The app is free to download on the Apple Store, Google Play, and Huawei AppGallery. It is designed for fast, low-cost transactions with strong security features. The new system supports the city’s push for digital growth and helps strengthen its role as a global leader in fintech and smart transport. Mr. Ghena Jbour, General Manager of Tawasul Transport, said- “This initiative serves as a model of effective collaboration between all entities striving for continuous development within the integrated transport ecosystem. It reinforces the UAE’s leading position in innovation and digital transformation in the transportation sector.” He added that the use of AE Coin in public transport shows their commitment to future-ready financial solutions that blend technology, ease of use, and sustainability. AE Coin To Expand to More Services The AEC Wallet app is set to expand across more transportation services, retail stores, and merchants throughout the UAE. This will offer users greater convenience and more ways to use digital payments in their daily lives.

Most Read News

Moralis Money
Market Cap
24h Vol
64.60%
Bitcoin Share
347
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.