UAE Follows Tether, Fidelity With Central Bank-Approved Stablecoin Launch

Universal Digital Intl Limited on Thursday launched USDU, the UAE’s first central bank-approved stablecoin that puts it in direct competition with Circle’s (NYSE: source: https://www.benzinga.com/crypto/cryptocurrency/26/01/50225836/uae-follows-tether-fidelity-with-central-bank-approved-stablecoin-launch?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=referral