Nouriel Roubini has been a vocal critic of cryptocurrencies, warning as recently as February of a “coming crypto apocalypse.” Still, he’s dipping his toe into the world of digital assets.

The famed economist, who’s been known as “Dr. Doom” over the years for his bearish outlook on the economy and markets, is launching what he calls a stablecoin alternative — a token backed by his ETF, the Atlas Americas Fund (USAF).

The digital asset recently received approval in the United Arab Emirates, and will become available in the coming weeks.

The token offers exposure to the Atlas Americas Fund, which holds things like short-term Treasurys, gold, shares of real-estate investment trusts, agricultural…