Liv by Emirates NBD has partnered with Universal and Aquanow to integrate USDU, a USD-backed stablecoin registered with the Central Bank of the UAE, into the digital bank’s ecosystem.
According to the announcement, USDU is issued by Universal and backed 1:1 by physical US dollar reserves held with UAE banks. Aquanow is providing the infrastructure for USDU distribution and crypto trading through Liv X, Liv’s digital asset platform.
The integration allows Liv customers to manage traditional banking activities and digital asset holdings in one app. It builds on the digital bank’s crypto trading launch in 2025 and connects Liv’s banking platform with regulated digital asset services.
To support adoption, Liv is offering three months of zero-fee crypto trading to new and existing users. The campaign will run for 90 days.
Aquanow said it has processed more than $130B in trading volume. Its UAE entity operates under a Dubai Virtual Assets Regulatory Authority licence, while Universal is registered with the CBUAE as a foreign payment token issuer.
Source: Zawya
