Emirates and Crypto.com Partnership

Through this new initiative, passengers will be able to pay for Emirates flights, upgrades, duty-free shopping, and other services using Bitcoin (BTC), Ethereum (ETH), Cronos (CRO), and stablecoins such as USDT and USDC. Plans also include supporting more than 30 cryptocurrencies, making it easier to integrate digital assets into daily life.

UAE Airlines Supporting Crypto

• Air Arabia: Dubai-based low-cost airline accepts the dirham-backed stablecoin AE Coin for flight bookings.

• Travala: Blockchain-based global travel booking platform supporting multiple cryptocurrencies including BTC, ETH, USDT, USDC, Binance Coin (BNB), and its native AVA token.

• Destinia: Offers flexible payment options for flights, hotels, and car rentals; supporting BTC, ETH, and USDT.

• Alternative Airlines: Online platform offering bookings with over 650 airlines worldwide, including Emirates and Etihad, supporting many coins such as BTC, ETH, XRP, Litecoin, Cardano, Dogecoin, and USDT.

UAE’s Vision for Global Crypto Leadership

The UAE is emerging as a leader in the crypto space with a strong regulatory framework and proactive initiatives. Recent regulations focus on licensing, AML/KYC compliance, consumer protection, and adherence to international standards like FATF. These measures enhance stability and transparency for crypto assets in the UAE.

Emirates’ Chief Commercial Officer Adnan Kazim stated, “Partnering with Crypto.com to integrate cryptocurrency into our digital payments system reflects Emirates’ commitment to evolving customer preferences and reaching tech-savvy younger audiences.”

Kazim added, “This strategic move aligns with Dubai’s vision to lead in financial innovation while offering our customers more flexibility and choice when transacting with Emirates.”

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Breaking Barriers in Crypto Payments

The partnership ensures a faster, cost-effective, and user-friendly payment experience for both consumers and merchants. Binance Pay users now have easy access to a wide range of services and products, further empowering the integration of cryptocurrency into everyday transactions.

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Jonathan Lim, Global Head of Binance Pay, emphasized the significance of the partnership: “This collaboration comes at a pivotal time when cryptocurrency is being embraced in mainstream commerce and public services. The ability to pay for luxury goods, travel, and even government services with crypto shows how digital currencies are becoming a practical tool for everyday transactions.”

A Diverse Merchant Network and Public Services

xMoney’s merchant network spans industries such as luxury retail, gaming, travel, real estate, and public services. Additionally, xMoney supports government clients like the City of Lugano and the National Administration of the Principality of Liechtenstein, where citizens can pay for public services using cryptocurrency.

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Greg Siourounis, CEO of xMoney Global, commented: “Partnering with Binance Pay is a significant step in bridging the gap between blockchain and traditional finance. By integrating Binance Pay, we’re expanding our ecosystem and offering our users even more flexibility and choice in how they transact.”

Advancing Crypto Adoption: Compliance and Growth

xMoney operates fully within the EU MiCA regulations, ensuring a secure environment for cryptocurrency transactions. This compliance-focused approach gives merchants and users peace of mind regarding the safety of their transactions.

With this partnership, Binance Pay’s global merchant network has grown to over 32,000 businesses, marking a significant milestone. This expansion reflects a remarkable 36% year-over-year growth, from 8,900 merchants in December 2023 to over 12,000 in December 2024.

Binance Pay is a contactless, borderless, and secure cryptocurrency payment feature available on the Binance app, allowing users and merchants to send and receive crypto payments worldwide instantly, without incurring gas fees. It supports over 300 cryptocurrencies for peer-to-peer payments and more than 90 for merchant payments.

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