Universal Digital Launches UAE’s First Regulated Stablecoin USDU

Universal Digital has achieved a landmark in the UAE's digital asset landscape by launching USDU, the country's first central bank-registered stablecoin. The Foreign Payment Token Issuer status under the UAE's Payment Token Services Regulation framework positions USDU as a compliant settlement instrument for institutional players.

The stablecoin's regulatory approval by both the UAE Central Bank and Abu Dhabi Global Market's Financial Services Regulatory Authority provides unprecedented clarity for digital asset transactions. "USDU sets a new standard for regulated digital value," said Juha Viitala, Universal's senior executive officer, highlighting the token's banking partnerships with Emirates NBD, Mashreq, and Mbank as institutional validation.

This development enables fiat-equivalent payments for digital assets and derivatives within the UAE's regulated framework, marking a significant step in the maturation of Middle Eastern crypto markets. The strategic banking relationships underscore the stablecoin's design for institutional-grade settlement rather than retail speculation.