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Universal Digital launches USDU stablecoin as it clinches UAE central bank registration
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Cryptopolitan
Universal Digital has become a Foreign Payment Token Issuer after launching the UAE central bank-registered USDU stablecoin.
The milestone marks significant progress in the UAE’s efforts to regulate its digital asset infrastructure and positions the USDU as the country’s first compliant digital asset for settlements.
According to Universal, its USDU stablecoin is the first and only token registered under the UAE’s Payment Token Services Regulation (PTSR) framework.
The company also has strategic banking relationships with Mbank, Emirates NBD, and Mashreq, revealing the institutional-grade backing behind its USDU stablecoin.
Universal SEO says USDU sets new standard for regulated digital valueJuha Viitala, Universal’s senior executive officer (SEO), claims that the USDU sets a new standard for regulated digital value.