UAE Central Bank Approves Universal Digital's USDU Stablecoin

Universal Digital has launched USDU, the first US dollar-backed stablecoin to be registered by the United Arab Emirates===Central Bank of the United Arab Emirates under its Payment Token Services Regulation (PTSR). This makes Universal Digital the first Foreign Payment Token Issuer in the United Arab Emirates, operating under dual oversight from United Arab Emirates===Abu Dhabi Global Market and the United Arab Emirates===Central Bank of the United Arab Emirates. USDU is fully backed 1:1 with U.S. dollars held in safeguarded onshore accounts at Emirates NBD, Mashriq, and Mbank. This approval positions the United Arab Emirates among the earliest major financial jurisdictions to regulate a USD stablecoin directly within its national payments infrastructure, reinforcing its ambition to become a global hub for compliant digital assets. The move provides regulatory clarity for institutions to adopt stablecoins for settlement, trading, and treasury use, as USDU is currently the only USD stablecoin that formally meets the UAE's central bank requirements for digital asset and derivatives transactions. Universal Digital has partnered with Aquanow for global distribution and is collaborating with AE Coin for future domestic settlement conversions.