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Crypto

Bitcoin.com adds self-custody support for USDU, expands distribution

Bitcoin.com has added USDU, a dollar-linked stablecoin registered with the UAE central bank, to its self-custody wallet. The integration allows Bitcoin.com web and mobile wallet users to send and receive USDU. The token is issued by Abu Dhabi-based Universal Digital, which said USDU is the first registered, and currently the only, foreign-currency payment token under UAE rules. Bitcoin.com plans to add swap and trading features later via third-party providers.

Crypto

Abu Dhabi firm launches first U.S. dollar stablecoin registered in UAE

Abu Dhabi Universal Digital has launched USDU, a U.S. dollar-based stablecoin after completing registration with the UAE central bank, Cointelegraph reported on Jan. 29. Cointelegraph said USDU is the first foreign payment token in the UAE to comply with the central bank’s payment token service rules and to be officially registered. The firm is under dual regulation and must meet standards for reserves, governance, disclosures and operational controls.