UAE Central Bank Stablecoin: The Groundbreaking Approval of USDU Explained
Abu Dhabi, UAE, April 2025: In a landmark decision for the Gulf region’s financial ecosystem, the Central Bank of the United Arab Emirates (CBUAE) has granted official approval for USDU, the nation’s first USD-pegged stablecoin. This pivotal move, first reported by CoinDesk, sanctions the digital currency under the central bank’s newly established Payment Token Service […]
