UAE Approves First Central Bank‑Registered USD Stablecoin
Yahoo Finance·2026-01-29 21:37
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. DISCOVER: Top 20 Crypto to Buy in 2026 What Exactly ...