Bitcoin.com Supports USDU Stablecoin in Wallet

Crypto custody platform Bitcoin.com has integrated USDU, a dollar-linked stablecoin registered with the UAE central bank, into its self-custody wallet.

The integration allows users to store, send and receive USDU in their wallets, with plans to add swap and buy-and-sell functions later through third-party service providers.

This move comes as part of USDU's expansion efforts, which include increasing distribution channels. So far, USDU has broadened its reach first through institution-focused channels, including a partnership with Zodia Custody that enables institutional clients to store and transfer the token.

The UAE's payment token services regulation, under which settlement of digital assets and digital asset derivatives can be made only in fiat currency or registered foreign-currency payment tokens, has played a key role in USDU's growth. Its central bank registration status is serving as a basis for widening its real-world use in payments.