Bitcoin.com Integrates UAE-Registered Stablecoin USDU into Self-Custodial Wallet
Bitcoin.com has integrated USDU, a US dollar-backed stablecoin registered with the Central Bank of the UAE, into its self-custodial web and mobile wallet.
USDU is issued by Abu Dhabi-based Universal Digital and is the first and currently only Foreign Payment Token registered under the UAE central bank's Payment Token Services Regulation.
The Ethereum-based stablecoin will be available for users to hold, send, and receive through the wallet, while swap and buy-and-sell functionality is expected to be added later through third-party providers.
Bitcoin.com plans to accept USDU for designated services and work toward enabling payments between users and merchants across its products, though availability will vary by jurisdiction.