Dubai Taxi Company (DTC) will explore cryptocurrency as a new payment gateway for its customers and could roll it out very soon, its chief executive said.
“The idea is to give the customer different choices when it comes to the payment gateways. Of course, we’re going to explore a cryptocurrency payment solution with our regulator, the Roads and Transport Authority (RTA).
We can see it very soon as one of the payment gateways that we provide for our customers,” Mansoor Rahma Alfalasi, CEO of Dubai Taxi Company, told Khaleej Times.
The UAE is leading in terms of adopting new technologies. Earlier this month, AE Coin was recognised as a payment method for all federal government authorities, marking the first time in the wider region that a regulator-licensed stablecoin is authorised for nationwide government-fee payments.
The UAE’s first Central Bank–licensed, fully reserved, AED-backed payment token through AEC Wallet is powered by Al Maryah Community Bank (Mbank).
In November 2025, the Central Bank of the UAE approved Zand, the nation’s AI-powered digital bank, to launch Zand AED, the country’s first regulated, multi-chain AED-backed stablecoin on public blockchains.
Last year, IHC, ADQ, and First Abu Dhabi Bank (FAB) also announced plans to launch a new stablecoin backed by Dirhams, which will be fully regulated by the Central Bank of the UAE and issued by the UAE’s largest bank, FAB (subject to regulatory approval).
The Dubai Taxi chief didn’t disclose the exact date but said it’s possible “very soon”. More
