Emirates NBD’s Liv Integrates CBUAE-Registered USDU Stablecoin Into Consumer Banking App

Liv, the digital banking arm of Emirates NBD, integrated the regulated dollar-pegged stablecoin USDU into its consumer banking app on November 9, 2026. The token is registered under the Central Bank of the UAE's Payment Token Services Regulation through a partnership with Universal Digital International Ltd and Aquanow ME FZE. USDU reserves are held in UAE banks with monthly public attestations.

Published November 10, 2026 Source: OneSafe

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Issuing authority: Central Bank of the UAE
Jurisdiction: United Arab Emirates
Stage: Final rule
Official document: Payment Token Services Regulation
Official source: news.google.com

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On November 9, 2026, Emirates NBD's digital banking arm, Liv, integrated the regulated stablecoin USDU into its consumer banking application, according to a report by OneSafe. The move allows retail customers to view, hold, and transact with USDU alongside UAE Dirham (AED) and foreign currency accounts in a single banking interface.

USDU operates as a 1:1 U.S. dollar-pegged token and represents the UAE's first dollar-backed stablecoin registered with the Central Bank of the UAE (CBUAE). It is issued under the CBUAE's Payment Token Services Regulation, which mandates registration, reserve management protocols, and regular attestation requirements.

The service functions through a tripartite structure of regulated entities. Universal Digital International Ltd issues the stablecoin, while Aquanow ME FZE provides the liquidity and infrastructure supporting Liv's crypto trading feature, Liv X, handling on-chain token connectivity, issuance, redemption, and fiat settlement.

OneSafe reported that 100 percent of USDU's backing reserves are held within UAE banks, supported by monthly public attestations published by Universal. The rollout includes functionality to convert dirhams to USDU, transfer tokens to external digital wallets, and conduct merchant payments, launched alongside a 90-day zero-fee trading promotion.