Circle Secures Key Regulatory Approval in Abu Dhabi, Positioning Itself as Stablecoin Leader in the Middle East

Circle, the company behind the world’s second-largest stablecoin USDC, has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), a major move that will pave the way for its expanded operations in the region. This approval paves the way for Circle to fully operate as a money services provider in the UAE and establishes a strategic foothold in a market experiencing rapid digital finance adoption.