UAE's First USD-Backed Stablecoin Gains Regulatory Approval

The UAE Central Bank has officially approved the issuance of the country's first USD-pegged stablecoin, USDU. This decision, made under the Payment Token Services Regulations, represents a significant milestone in the nation's evolving digital finance landscape.

Transparent and Secure Framework

Managed by Universal Digital, a licensed crypto entity in Abu Dhabi Global Market, USDU is fully backed by USD reserves held in secure accounts at major UAE banks, including Emirates NBD and Mashreq. This structure ensures transparency, stability, and compliance.

Global Expansion Underway

To support international adoption, Aquanow has been named the global distribution partner for USDU, facilitating institutional access outside the UAE in regulated jurisdictions, thus advancing cross-border digital finance integration.