Evidence record
Liv by Emirates NBD, Universal and Aquanow to deliver the first integration of a CBUAE-registered USD-backed stablecoin into the UAE digital banking ecosystem
Read the item · published 2026-11-09
Evidence
- Confidence
- Medium The institution’s own statement; quote string-matched. Proves what the institution says, not independent confirmation.
- Quote verified
- 2026-11-13 11:59 UTC
- Archived snapshot
- SHA-256
4baa38d03d33be7905d744a3bee570d2952829920d646050a0ff8bbed00c8ee0· fetched 2026-11-09 · Wayback Machine copy ↗ - Source type
- Official institutional Emirates NBD (press release via Zawya) ↗
… Rohit Garg, Group Head of Retail Products and Chief Digital Officer of Retail Banking and Wealth Management, Emirates NBD, said: "Emirates NBD continues to champion financial innovation that aligns with the goals of UAE's progressive digital economy. By integrating the CBUAE-registered USDU stablecoin into the Liv ecosystem, we are not only expanding our digital asset capabilities, but also offering our customers a secure, transparent and regulated bridge to digital assets within their everyday banking app. Building on the momentum of our crypto trading launch in 2025, this strategic partnership with Universal and Aquanow empowers our customers to participate in the digital asset economy within a trusted, world-class banking environment." Phil Sham, CE …
Change log (1)
- 2026-11-09 Published
Verified quotes
“By integrating the CBUAE-registered USDU stablecoin into the Liv ecosystem, we are not only expanding our digital asset capabilities, but also offering our customers a secure, transparent and regulated bridge to digital assets within their everyday banking app.”
“Registered by the CBUAE and issued by Universal, USDU is backed by 1:1 physical US dollar reserves, safeguarded with UAE banks and verified through publicly available monthly attestations.”
“Aquanow is the regulated digital asset infrastructure partner behind both USDU distribution and Liv X crypto trading.”
String-matched against https://www.zawya.com/en/press-release/companies-news/liv-by-emirates-nbd-universal-and-aquanow-to-deliver-the-first-integration-of-a-cbuae-registered-usd-backed-stablecoin-2127691 by our verifier before every deploy.
AI-drafted from the primary source; quote string-matched against the live source page · AI-assisted