Bitcoin.com Wallet integrates the UAE's first CBUAE registered US dollar stablecoin USDU

The cryptocurrency platform Bitcoin.com announced that it will integrate USDU into the self-custody Bitcoin.com Wallet, aimed at millions of wallet users. USDU, issued by Universal Digital Intl Limited (Universal), is the first dollar stablecoin registered as a foreign payment token by the Central Bank of the UAE (CBUAE).

USDU is an Ethereum ERC-20 token, with each token backed 1:1 by liquid dollar reserves held by a UAE-regulated bank. The related reserves are independently verified monthly by a third-party accounting firm, with reports published on Universal's official website. The Bitcoin.com Wallet web and mobile versions will support self-custody holding, sending, and receiving of USDU. Bitcoin.com will accept USDU payments for designated services and plans to support payments between users and merchants within its products. The wallet will also provide stablecoin education and Learn-to-Earn content. Exchange and trading features will be launched after support from third-party service providers, with specific availability varying by jurisdiction.