Phil Sham, chief executive of digital asset infrastructure provider Aquanow, said compliance is set to become the main factor separating stablecoin issuers in the race for institutional adoption. He said new accounting standards and regulatory rules in the United States are raising the bar for redemption practices, reserve management, and risk controls, shifting attention away from pure technical advantages. Sham said institutional investors will increasingly judge stablecoins by whether issuers can meet strict audit requirements, maintain transparent reserves, and offer strong redemption mechanisms. In his view, issuers that can satisfy those standards will stand out in the market and attract more institutional capital. He also pointed to a proposal released by the U.S. Financial Accounting Standards Board in August. The proposal is intended to give companies holding cryptocurrencies clearer accounting guidance. The comments were reported by Crypto.news and cited by Techub News.

AE Coin and USD Universal have launched a regulated conversion framework in the UAE, enabling near-instant exchange between dirham-pegged and dollar-backed payment tokens for institutional settlement, treasury and cross-border use.

The UAE central bank has approved USDU, the country’s first foreign-currency payment token registered under a central bank framework, for cross-border settlement, derivatives trading, and virtual asset purchases.

Dubai’s VARA has granted Aquanow a VASP license covering brokerage, lending, borrowing, and investment services. Though not yet operational pending final conditions, the approval highlights Dubai’s push to build a regulated global crypto hub.

AE Coin and USD Universal launch a regulated conversion rail between AED-pegged and USD-backed stablecoins in the UAE, supported by Al Maryah Community Bank, enabling near-instant institutional settlement and cross-border payments via Aquanow and Changer.ae.

AE Coin and USD Universal are building a regulated conversion rail for near-instant exchange between dirham-pegged AE Coin and USD-backed USDU, aiming to support institutional settlement and liquidity management in the UAE.

UAE's AE Coin and USDU develop regulated AED-USD stablecoin conversion rails for institutional settlement and treasury operations, powered by Al Maryah Community Bank. The framework may expand to trade finance and multi-currency settlement.