Dubai Duty Free Welcomes SHIB Payments: Crypto Adoption Soars in UAE

Dubai Duty Free has made history by integrating Shiba Inu (SHIB) as a payment option for its customers. This marks another significant milestone in the growing adoption of cryptocurrencies in the UAE's real economy.

The retailer has partnered with Crypto.com Pay to enable customers to use SHIB and 29 other cryptocurrencies at physical stores within Dubai International Airport (DXB) and Dubai World Central (DWC) airports, as well as on its official website. This integration is part of a broader strategy by the UAE government to move up to 90% of all transactions into a cashless digital format.

The process is straightforward: customers pay with their chosen cryptocurrency from their balance in the Crypto.com Pay app, which instantly converts it at the current exchange rate. The retailer then receives payment in UAE dirhams (AED), eliminating any market risks for businesses.