Bitcoin.com integrates UAE-registered US dollar stablecoin into self-custodial wallet
The integration expands access to USDU, the UAE’s first central bank-registered US dollar stablecoin, as it builds distribution beyond institutional channels.
Bitcoin.com has announced the integration of USDU, a US dollar-backed stablecoin registered with the Central Bank of the UAE, into its self-custodial wallet. This move expands access to USDU, which is the first and only Foreign Payment Token registered under the UAE central bank’s Payment Token Services Regulation. The integration allows users to hold, send, and receive USDU through the wallet, with swap and buy-and-sell functionality expected to be added later through third-party providers.
Bitcoin.com plans to accept USDU for designated services and work towards enabling payments between users and merchants across its products, though availability will vary by jurisdiction. This integration marks a significant step in the distribution of USDU beyond institutional channels, following the addition of support for the stablecoin by Zodia Custody and the launch of a USDT-USDU liquidity pool on Uniswap.
Brief written by urgent.news from Cointelegraph's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
