Circle Secures Key Approval to Operate Stablecoins in Abu Dhabi

Circle, the company behind the popular USDC stablecoin, has received a major boost towards its global expansion plans with crucial in-principle approval from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). This significant step marks Circle’s entry into the Middle East as it seeks to capitalize on the region’s growing digital payments and stablecoin adoption.

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