Several airlines in the UAE support cryptocurrency payments for ticket purchases

ChainCatcher news, according to Cointelegraph, airlines such as Emirates and Arab Airlines have partnered with platforms like Crypto.com to support ticket payments in Bitcoin, Ethereum, and stablecoins. Travelers can make reservations through crypto-friendly platforms like Travala, settling directly with cryptocurrency wallets or purchasing gift cards for payment.

The regulatory framework promoted by the Dubai Virtual Assets Regulatory Authority (VARA) supports crypto payments. Data shows that the volume of crypto ticket bookings is expected to grow by 46% from 2023 to 2024, with stablecoins being favored by merchants due to their price stability.