Saturday, January 31, 2026
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

UAE Approves First Central Bank‑Registered USD Stablecoin

by SB Crypto Guru News
January 29, 2026
in Bitcoin
Reading Time: 4 mins read
0 0
A A
0


Universal launched USDU, the first USD‑backed stablecoin registered by the UAE’s central bank. The news did not move crypto prices overnight, but it landed during a global push to bring stablecoins under clear rules. Regulators want digital dollars that behave more like bank money and less like experiments.

For everyday users, this story is about trust. A government regulator is now signing off on a crypto dollar for use in the UAE’s financial system.

UAE Approves First Central Bank‑Registered USD Stablecoin UAE approves $USD stablecoin

The UAE central bank (CBUAE) approved/registered $USDU, a $USD-backed stablecoin from Universal Digital, as a Foreign Payment Token under the Payment Token Services Regulation.#UAE #Stablecoins pic.twitter.com/a92M9vDDu8

— 99Bitcoins (@99BitcoinsHQ) January 29, 2026

DISCOVER: Top 20 Crypto to Buy in 2026

What Exactly is USDU And Who Is It For?

A USD stablecoin is a digital token designed to maintain a value close to $1. Think of it like a digital cashier’s check that moves on blockchains instead of through banks.

Universal launches USDU – the UAE’s first Central Bank-registered USD stablecoin.

Issued by an FSRA-regulated entity in @ADGlobalMarket, USDU is supported by banking partners @EmiratesNBD_AE , @MashreqTweets, and @almaryahbank with global distribution via @aquanow, and alignment… pic.twitter.com/LisFKmBMxd

— Universal (@Universal_USDU) January 29, 2026

USDU is issued by Universal Digital Intl Limited, a company regulated in Abu Dhabi. The UAE central bank registered USDU as a “Foreign Payment Token,” allowing institutions to legally use it to settle digital‑asset trades.

That matters because UAE rules require crypto payments and derivatives to be settled in fiat currency or an approved token. USDU now fits that box.

DISCOVER: Top 20 Crypto to Buy in 2026

Why the UAE’s Approval Changes The Stablecoin Conversation

Stablecoins often fail because users do not trust the reserves. Universal says USDU holds dollars 1:1 in onshore UAE bank accounts at Emirates NBD and Mashreq, with monthly attestations.

Let your stablecoins do the job for you. pic.twitter.com/Krwo251kH2

— Binance (@binance) January 29, 2026

In plain terms, that is like promising every gift card is backed by real cash in the register, and letting an auditor check it every month. This approach mirrors how other large issuers explain their stablecoin reserve strategies.

The UAE also positions itself as a regulated crypto hub. This move follows regional examples of regulatory stablecoin adoption, but with tighter oversight.

How USDU May Be Used In Real Life

USDU is not meant for meme trading or quick flips. It targets banks, exchanges, and large trading desks that need clean compliance.

Aquanow acts as the global distribution partner, helping institutions convert between USDU and local options like AECoin. That supports domestic settlement without routing money offshore.

For beginners, the takeaway is simple. Regulated stablecoins are becoming plumbing, not hype.

DISCOVER: Top Solana Meme Coins to Buy in 2026 

Follow 99Bitcoins on X For the Latest Market Updates and Subscribe on YouTube For Daily Expert Market Analysis

The post UAE Approves First Central Bank‑Registered USD Stablecoin appeared first on 99Bitcoins.





Source link

Tags: approvesBankRegisteredBitcoin NewsCentralCrypto NewsCrypto UpdatesLatest News on CryptoSB Crypto Guru NewsstablecoinUAEUSD
Previous Post

Get your skates on: artist puts ice rink in Venice palazzo – The Art Newspaper

Next Post

Why It’s Now Or Never

Related Posts

Bitcoin Historical Performance Shows How Low The Price Will Go Before A Bottom

Bitcoin Historical Performance Shows How Low The Price Will Go Before A Bottom

by SB Crypto Guru News
January 31, 2026
0

Crypto analyst Maelius has alluded to Bitcoin’s historical performance to provide insights into how low the flagship crypto could drop...

Ghana Further Formalizes Digital Asset Sector with Education Campaign

Ghana Further Formalizes Digital Asset Sector with Education Campaign

by SB Crypto Guru News
January 31, 2026
0

Following the passage of the virtual asset service providers (VASP) Act (Act 1154), the Bank of Ghana has launched the...

Binance Plans Gradual Conversion Of  Billion SAFU Fund Into Bitcoin

Binance Plans Gradual Conversion Of $1 Billion SAFU Fund Into Bitcoin

by SB Crypto Guru News
January 31, 2026
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As Bitcoin (BTC) struggles through a prolonged...

Trump Says New Fed Chair Will Cut Rates After Warsh Nomination

Trump Says New Fed Chair Will Cut Rates After Warsh Nomination

by SB Crypto Guru News
January 31, 2026
0

Join Our Telegram channel to stay up to date on breaking news coverage US President Donald Trump said Friday that...

Ethereum Bulls Defend ,600 While Bears Eye A Deeper Macro Flush

Ethereum Bulls Defend $2,600 While Bears Eye A Deeper Macro Flush

by SB Crypto Guru News
January 31, 2026
0

Ethereum is trading at a critical juncture as buyers continue to defend the $2,600 support zone, attempting to stabilize the...

Load More
Next Post
Why It’s Now Or Never

Why It’s Now Or Never

eToro enhances local trading experience in Denmark with DKK accounts 

eToro enhances local trading experience in Denmark with DKK accounts 

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.