Overview
- The integration announced Wednesday between Bitcoin.com and Universal Digital lets users hold, send, and receive USDU as an ERC‑20 token on Ethereum while keeping control of their private keys.
- Universal says each USDU is backed 1:1 by liquid U.S. dollar reserves held at regulated UAE banks and that those reserves are verified by monthly independent attestations.
- USDU’s smart contract has been audited by CertiK and distribution into regulated channels is handled by licensed providers such as Aquanow.
- The token is registered with the Central Bank of the UAE as a Foreign Payment Token and is limited to digital‑asset purchases and professional clients rather than general dirham retail payments in mainland UAE.
- Bitcoin.com will accept USDU for designated services and plans peer‑to‑peer payments, swaps, and buy/sell features later, with wider functionality depending on third‑party provider support and local rules; the move also links retail self‑custody users to institutional rails such as the AE Coin dirham conversion corridor.