Air Arabia Adopts AED stablecoin for Payments in the UAE

UAE airline Air Arabia has announced that it will now allow customers to pay for services using AE Coin, a regulated stablecoin backed by the UAE Dirham (AED). AE Coin is the first stablecoin to receive approval from the Central Bank of the UAE. Air Arabia has partnered with Al Maryah Community Bank (Mbank), the issuer of the stablecoin, to enable customers to pay for flight bookings using AE Coin. This partnership makes Air Arabia the first airline in the region to offer such a payment option source: https://www.coinspeaker.com/air-arabia-adopts-aed-stablecoin-for-payments-in-uae/