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Circle Secures Abu Dhabi License, Fueling USDC Expansion in Middle East

Circle Secures Abu Dhabi License, Fueling USDC Expansion in Middle East

Author:

Global Cryptocurrency

Published:

2025-12-10 07:04:35

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USDC News -

Circle's stock (CRCL) surged 5.86% after receiving approval as a licensed money services provider in Abu Dhabi's ADGM financial free zone. The license positions USDC for potential applications in remittances and trade corridors across the UAE and Asia.

While regulatory details regarding operational specifics, such as AED-to-USDC conversions, remain to be clarified, the MOVE signals Circle's strategic pivot toward Middle Eastern payment infrastructure. This expansion comes amid growing demand for efficient cross-border settlement solutions in the region.

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