UAE Launches First Central Bank-Approved USD Stablecoin USDU
Abu Dhabi's Universal Digital has launched USDU, the first USD-backed stablecoin registered under UAE's Payment Token Services Regulation.
This marks a significant milestone for MENA crypto adoption, with reserves held across major banks including Emirates NBD and Mashreq.
The UAE is positioning itself as a serious contender in the global stablecoin race.
https://t.co/f249xwCe3i
#stablecoin #USDU #UAE-regulation #MENA-crypto #RWA
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