Universal Launches UAE’s First Central Bank-Registered USD Stablecoin

UAE Central Bank approves first US dollar-backed stablecoin: What to know

The approval marks a milestone in the UAE’s development of digital currency infrastructure and positions USDU as the Gulf country’s first USD-denominated currency for digital assets.

Universal Launches UAE’s First Central Bank-Registered USD Stablecoin

UAE's central bank has approved a USD-backed stablecoin

The USDU stablecoin is issued by Universal Digital, a crypto firm regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).

Universal Digital Becomes First Foreign Token Issuer in UAE, Launches USDU Stablecoin

In a major milestone for the global digital asset industry, Universal Digital has become the first foreign payment token issuer to be officially registered by the Central Bank of the United Arab Emirates (CBUAE). Alongside this achievement, the company has launched USDU, the first USD-backed stablecoin in the UAE to receive nationwide regulatory approval for institutional digital asset settlement. This landmark approval positions the UAE as a gl…

UAE unveils first central bank–approved stablecoin, challenging USDC on home turf

The UAE has officially entered the stablecoin race. Universal Digital Intl launched USDU, the country’s first central bank–approved stablecoin, giving it a regulatory edge over Circle

UAE Launches USDU Stablecoin As Foreign Payment Token With Central Bank Support

Universal Digital International Limited secured a license from the Central Bank of the UAE, allowing it to launch the USDU, a US dollar-based stablecoin. The company has also partnered with AE Coin for the seamless conversion of USDU to AECoin and with Aquanow to expand its global footprint. Universal Digital International Limited announced a dual milestone on Thursday. The company, which is focused on Bitcoin (BTC) treasuries and scalable digit…