Bitcoin.com Integrates Highly Transparent Stablecoin USDU into Its Wallet

A new partnership between Bitcoin.com and Universal Digital Intl Limited (Universal) is set to bring a highly transparent stablecoin, USDU, to millions of wallet users. The stablecoin, registered with the Central Bank of the UAE as a Foreign Payment Token, will be integrated into the self-custodial Bitcoin.com Wallet.

USDU is issued by Universal under the regulation of the Financial Services Regulatory Authority (FSRA) in Abu Dhabi Global Market and is backed 1:1 by liquid USD reserves held with regulated UAE banks. These reserves are independently attested each month by a third-party accounting firm, with reports published on Universal's website.

This integration will allow users to hold, send, and receive USDU self-custodially, with their keys and funds under their control. Bitcoin.com will also accept USDU as payment for designated services and work to enable USDU payments between users and merchants across its products.