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.
Source: Abu Dhabi company launches first UAE-registered US dollar stablecoin (https://cointelegraph.com/news/uae-first-central-bank-registered-usd-stablecoin-launches?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)