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Bitcoin.com wallet adds UAE-registered USDU stablecoin
USDU is the UAE’s first central bank-registered US dollar stablecoin, and payments for digital assets under the country’s rules may use fiat or a registered Foreign Payment Token.
Bitcoin.com is integrating USDU, a UAE-registered US dollar stablecoin, into its self-custodial web and mobile wallet, expanding distribution beyond institutional channels, Cointelegraph reports.
The token is Ethereum-based and will be available for users to hold, send, and receive. Bitcoin.com said swap and buy-and-sell features are expected to be added later through third-party providers.
USDU is issued by Abu Dhabi-based Universal Digital, and it is described as the first and currently only Foreign Payment Token registered under the UAE central bank’s Payment Token Services Regulation. Universal is also regulated by the Abu Dhabi Global Market’s Financial Services Regulatory Authority to issue fiat-referenced tokens.
Cointelegraph notes that the integration is part of a wider rollout, with Zodia Custody adding support in July and a USDT-USDU liquidity pool launching on Uniswap in August. Bitcoin.com said it plans to accept USDU for designated services and work toward enabling payments between users and merchants across its products, but availability will vary by jurisdiction.
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