Emre Yumlu 
Hubpay partners with Aquanow to launch a regulated crypto payment facility for businesses in the Middle East.
Hubpay and Aquanow Partner for Crypto Payment Facility in UAE
Hubpay, a cross-border payment platform based in the United Arab Emirates (UAE), has partnered with digital asset infrastructure provider Aquanow to launch a regulated crypto payment facility for businesses and SMEs operating in the Middle East. This partnership enables businesses to accept both fiat and crypto payments.
Both companies are regulated, with Aquanow overseen by Dubai’s Virtual Asset Regulatory Authority (VARA) and Hubpay regulated by the Financial Services Regulatory Authority (FSRA) in Abu Dhabi Global Market. Hubpay CEO Kevin Kilty emphasized that the partnership supports the UAE’s goal of becoming a digital asset hub.
A New Era for Cross-Border Payments with Crypto
Kilty stated, “This collaboration marks an important step as we expand our cross-border payment solutions. Stablecoins combine the security of traditional currencies with the speed of digital assets. By integrating Aquanow’s infrastructure with our regulated network, we ensure businesses can seamlessly process both fiat and crypto transactions, supporting the UAE’s goals of enhancing economic diversification and fostering fintech innovation.”
Aquanow CEO Phil Sham noted that cryptocurrencies have become an effective tool for high-value transactions, and the integration with Hubpay’s payment framework helps resolve issues related to large-scale transactions.
Benefits of Crypto Payments for the Real Estate Sector
According to the announcement, the real estate sector will significantly benefit from lower transaction fees, faster settlement times, and greater financial accessibility for international buyers. The implementation of the crypto payment gateway is expected to reduce transaction costs and minimize currency conversion fees.
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