Hubpay and Aquanow Strengthen UAE Position as a Digital Asset Hub

Hubpay and Aquanow: Strategic Partnership for the UAE Digital Payments

Hubpay and Aquanow will Launch Crypto Payments in UAE

Hubpay, a payment platform in the UAE, has partnered with Aquanow, a digital asset provider, to start a regulated crypto payment system. This allows businesses and small companies to accept both cryptocurrency and regular money. This makes payments easier and gives businesses more financial options.

Hubpay & Aquanow Simplify Digital Payments

The UAE is growing fast in fintech and digital assets, with a 42% yearly rise in cryptocurrency deals. This partnership supports that growth. Hubpay and Aquanow are making crypto payments easy for both local and global users.

Aquanow’s digital assets can now be used through Hubpay’s payment network, creating a simple and secure way to pay. Phil Sham, CEO of Aquanow, said that crypto is no longer just for investing—it’s a fast and efficient way to make big transactions. By working with Hubpay’s regulated system, they are making payments smoother for buyers, sellers, and investors.

Transforming UAE’s Digital Market

The UAE wants to be a world leader in digital assets. The government has made clear rules to make cryptocurrency safe and easy to use. These rules help businesses use digital payments and bring new ideas to the financial sector.

A big step in this direction is the partnership between Hubpay and Aquanow. Hubpay helps people send money across borders, while Aquanow provides safe digital asset services. Together, they make cryptocurrency payments simple for businesses and support the UAE’s goal of a smooth and modern payment system.

The Benefits of Regulated Crypto Payments and Adoption

Regulated cryptocurrency payments make money transfers faster, safer, and easier. Hubpay and Aquanow are helping small businesses use stablecoins, which are digital money as safe as regular cash. This reduces costs, speeds up payments, and makes business transactions more efficient.

Regulation is key to keeping cryptocurrency safe and trusted. Aquanow is regulated by Dubai’s Virtual Asset Regulatory Authority (VARA), while Hubpay follows rules from Abu Dhabi’s Financial Services Regulatory Authority (FSRA). These clear rules allow businesses to use crypto without risks. The UAE also supports fintech, which attracts global investors and strengthens its position as a leading financial hub.

Phoenix Group’s Early Push for Crypto in UAE

Days ago, Phoenix Group UAE played a key role in promoting cryptocurrency in the country. The company partnered with Tether, the world’s largest cryptocurrency firm by trading volume, to launch a stablecoin pegged to the UAE dirham.

Now, Hubpay is taking the next step in advancing the UAE’s position as a global digital asset hub. By launching regulated crypto payments in partnership with Aquanow, Hubpay is making it easier for businesses to adopt cryptocurrency for transactions.