Universal USD
USDU
$0.997909
Current Price
+0.00%
24h Change
Info
USDU
Symbol
$25.60M
Fully Diluted Valuation
$25.60M
Market Cap
115
Market Rank
25.65M
Total Supply
$170.12
Total Volume
$0.997966
24h High
$0.997862
24h Low
About Universal USD
Universal USD (USDU) is a stablecoin pegged 1:1 to the US Dollar, issued by Universal Digital Intl Limited in the Abu Dhabi Global Market (ADGM). It is engineered to serve as a secure, compliant USD-denominated settlement layer within regulated digital asset frameworks. By operating under the regulatory oversight of the ADGM's Financial Services Regulatory Authority and the Central Bank of the UAE, USDU plays a pivotal role in supporting the UAE's ambition to be a global leader in digital asset innovation. The token's core mission is to facilitate institutional virtual asset activities, treasury operations, and tokenized market settlements within a robust regulatory environment. USDU distinguishes itself through its commitment to transparency and regulatory compliance. Each token is backed 1:1 by US dollar reserves held in accounts at regulated banks like Emirates NBD and Mashreq. This backing is verified through monthly independent reserve attestations and third-party smart contract audits. Designed primarily for institutional clients, USDU is tailored for use in digital asset trading settlements, corporate treasury management, and cross-venue liquidity movement. Its integration within a regulated ecosystem ensures that it meets the high standards required for professional and institutional market participants.
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FAQ
Information on this page is provided for informational purposes only and does not constitute investment advice. This is not a recommendation to buy or sell any digital asset or to employ any particular investment strategy. Backpack makes no representation as to the accuracy, suitability, or validity of the information provided.
Certain content is sourced from third parties not affiliated with Backpack. Backpack is not responsible for such content, nor is it liable for any errors, delays, or actions taken in reliance on it. Prices and data are for illustrative purposes only and may differ from actual market values. Digital assets involve significant risk and can fluctuate substantially. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition, and consult your own professional advisors for legal, tax, or investment guidance.
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