Abu Dhabi has become the first city in the world to let taxi passengers pay fares using a national stablecoin, as riders can now use AE Coin, tied directly to the UAE dirham, for cashless trips across the capital. Crypto education platform Coin Bureau shared that passengers in Abu Dhabi can now pay for taxi rides using the AEC Wallet app, thanks to a new initiative by Tawasul Transport in collaboration with Al Maryah Community Bank and the Integrated Transport Center (ITC). By simply scanning a QR code inside the vehicle, riders can complete transactions quickly and securely, with no The post UAE Taxis Now Accept Stablecoin AE Coin for Cashless Rides first appeared on The Shib Daily.
source: https://news.shib.io/2025/06/25/uae-taxis-now-accept-stablecoin-ae-coin-for-cashless-rides/