Circle Stablecoins Approved for Use in Dubai Financial Services Authority’s Regulated Ecosystem

Circle has received approval from the Dubai Financial Services Authority (DFSA) for its stablecoins, USDC and EURC, marking a significant milestone in regulated stablecoin adoption. This landmark decision allows over 7,000 registered firms within the Dubai International Financial Centre (DIFC) to utilize these stablecoins for payments, asset management, and digital services. USDC and EURC are now the first stablecoins officially recognized by the DFSA under Dubai’s regulatory framework.