Bitcoin.com Integrates Regulated Stablecoin USDU into Wallet
Bitcoin.com has partnered with Universal Digital Intl Limited to integrate the USDU stablecoin into its platform. The partnership will allow users of the Bitcoin.com wallet to hold, send, and receive USDU, a fiat-referenced token backed by liquid USD reserves held with regulated UAE banks.
USDU is registered under the Central Bank of the UAE's Payment Token Services Regulation and has been independently audited. It is also the first and only Foreign Payment Token to be registered in the UAE.
The partnership aims to provide users with a regulated stablecoin that can be used for payments, and will also include an education program on stablecoins and USDU through Bitcoin.com's channels.