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Bitcoin.com Adds UAE-Registered USDU Stablecoin to 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. The token, issued by Abu Dhabi-based Universal Digital, holds the distinction of being the first and only Foreign Payment Token currently registered under the UAE's Payment Token Services Regulation.
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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. The token, issued by Abu Dhabi-based Universal Digital, holds the distinction of being the first and only Foreign Payment Token currently registered under the UAE’s Payment Token Services Regulation.
What the Integration Offers
According to Wednesday’s announcement, wallet users will be able to hold, send, and receive the Ethereum-based stablecoin, with swap and buy-sell functionality expected to follow through third-party providers later on. Bitcoin.com also said it plans to accept USDU for select services and eventually enable payments between users and merchants across its platform, though availability will differ by region.
Regulatory Backing Behind the Token
Universal Digital is also regulated by the Abu Dhabi Global Market’s Financial Services Regulatory Authority to issue fiat-backed tokens. Under UAE rules, payments involving digital assets must be made either in fiat currency or through a registered Foreign Payment Token, a requirement USDU was specifically designed to meet since its January launch.
Part of Wider Distribution Efforts
This integration follows other recent moves to expand USDU’s reach. Institutional custody provider Zodia Custody added support for the token in July, and a USDT-USDU liquidity pool launched on Uniswap in August, giving the stablecoin decentralized trading liquidity alongside its institutional backing.
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Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.
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