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Abu Dhabi company launches first UAE-registered US dollar stablecoin

Abu Dhabi’s Universal Digital has launched USDU, the first US dollar‑backed stablecoin registered by the UAE central bank under its Payment Token Services Regulation.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Abu Dhabi company launches first UAE-registered US dollar stablecoin

Abu Dhabi’s Universal Digital has launched USDU, the first US dollar‑backed stablecoin registered by the UAE central bank under its Payment Token Services Regulation.

Why this matters

This maps to the Stablecoins hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.

Original source

Read on Cointelegraph

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