UAE-regulated stablecoin USDU launches on Crypto.com

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Deep Tide TechFlow message. On March 30, according to Cryptopolitan, the USD-backed stablecoin USDU issued by Universal Digital Intl Limited has officially launched on the cryptocurrency exchange Crypto.com.

USDU is the first off-shore payment token to be regulated by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), and it also holds an off-shore payment token issuance license from the Central Bank of the United Arab Emirates. As a registered off-shore payment token, USDU can be used for domestic payment settlement of digital assets and digital asset derivatives, but it cannot be used in everyday fiat currency payment scenarios in the UAE— the Central Bank of the UAE only recognizes AED-backed stablecoins as legal tender.

Universal said this launch is part of its global expansion strategy, aiming to drive the widespread adoption of regulated dollar-settled stablecoins in the digital asset market, and to support the development of institutional-grade digital asset infrastructure.

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