Bitcoin.com Integrates UAE-Regulated USDU Stablecoin into Self-Custodial Wallet
Bitcoin.com has integrated the UAE-regulated USDU stablecoin into its self-custodial wallet, allowing users to hold and manage their assets while keeping control of their private keys.
The integration brings USDU into a wallet used by millions of users globally, providing them with access to a dollar-backed stablecoin that is backed 1:1 by liquid U.S. dollar reserves held with regulated UAE banks.
USDU's registration with the Central Bank of the UAE as a Foreign Payment Token and its monthly attested 1:1 reserves mean users can verify the backing instead of trusting a logo, according to Bitcoin.com CEO Corbin Fraser.