Abu Dhabi firm launches first UAE-registered US dollar stablecoin
Universal Digital has launched USDU, the first USD-backed stablecoin registered by the UAE central bank under its Payment Token Services Regulation.
Abu Dhabi-based Universal Digital has launched USDU, which the company and local reporting describe as the first US dollar–backed stablecoin registered by the Central Bank of the United Arab Emirates under its Payment Token Services Regulation [1].
The stablecoin is issued by Universal Digital, a firm regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market, and the central bank approved the token’s launch, according to industry reports [2][3].
Outlets report USDU is backed 1:1 by the US dollar and has gone live following approval, marking the UAE’s first central bank‑registered dollar‑pegged stablecoin [3][4].
The rollout of USDU represents the UAE’s initial entry into central bank‑registered, dollar-pegged stablecoins, combining ADGM regulation for the issuer with central bank registration for the token [1][2].
Anonymous signal used only for weekly cluster rankings. No public counters.
Share
Broadcast this coverage
Copy-ready links for the networks your audience checks first.
Support independent reporting
If this summary helped, a small tip helps keep ClusterWire running.
Privacy note: we log tip UI events (page + action, and article slug when applicable) to improve the feature. We don’t store IP address, user-agent, or wallet addresses in analytics. Tips are on-chain, so the sending address is public in the transaction.
Citations
Follow the primary reporting behind this analysis. Click a citation to open the referenced source in a new tab.
- 1Abu Dhabi firm launches first UAE-registered US dollar stablecoinCointelegraph• Jan 29, 2026
- 2UAE's central bank has approved a USD-backed stablecoinCoinDesk• Jan 29, 2026
- 3UAE Approves Nation’s First Dollar-Pegged Stablecoin USDUCoinGape• Jan 29, 2026
- 4UAE’s First Central Bank-Registered USD Stablecoin Goes LiveCrypto Breaking News• Jan 29, 2026
Themes
Themes driving this story
Curated from the cluster of sources powering this article.