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Circle Secures UAE Approval to Boost USDC Operations in the Middle East

CoinPedia2025-04-29 10:09:13
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The post Circle Secures UAE Approval to Boost USDC Operations in the Middle East appeared first on Coinpedia Fintech News

Circle, the company behind the $62 billion USDC stablecoin, has received in-principle approval from Abu Dhabi Global Market’s Financial Services Regulatory Authority. This approval allows Circle to operate as a money services provider in the UAE, marking a major step in its Middle East expansion. The announcement comes shortly after Circle launched a new payments network to grow USDC adoption. Meanwhile, the firm remains in a quiet period following its IPO filing in the United States.

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