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Emirates lets UAE residents pay with crypto via Crypto.com
Emirates will settle flight bookings in UAE dirhams via Crypto.com's gateway, not altering the currency's supply or demand fundamentals. The partnership adds convenience for crypto users but exerts no direct pressure on the dirham's exchange rate.
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Will the Emirates-Crypto.com partnership affect the UAE dirham?
The dirham is the settlement currency, so the partnership does not change its value. It provides a crypto-to-dirham conversion route without altering dirham supply or demand.
Could this increase demand for AED?
Unlikely, as the service targets UAE residents who already transact in AED. The booking process simply adds a crypto payment option, with no additional AED demand created.