Bitcoin.com Integrates UAE-Registered Stablecoin USDU into Wallet

Bitcoin.com and Universal Digital Intl Limited have announced a partnership to bring the UAE-registered USDU stablecoin to millions of wallet users.

The integration will allow users to hold, send, and receive USDU in the Bitcoin.com Wallet, with swap and buy/sell functionality to follow. The partnership also includes a joint education program on regulated stablecoins, which will be published across Bitcoin.com's channels.

USDU is issued by Universal under the regulation of the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM). It is the first and currently only registered Foreign Payment Token under the Central Bank of the UAE's Payment Token Services Regulation.

Each USDU is backed 1:1 by liquid USD reserves held with regulated UAE banks, subject to monthly independent reserve attestations. The smart contract has also been independently audited.