Circle’s USDC Gains Regulatory Approval in Abu Dhabi, Expanding Middle East Crypto Presence
Circle, the issuer of the world’s second-largest stablecoin USDC, has received regulatory approval from Abu Dhabi to operate as a licensed digital asset service provider in the UAE. This milestone establishes Circle as a key player in the Middle East’s rapidly growing digital finance ecosystem.
The Abu Dhabi Global Market’s endorsement reflects increasing institutional adoption of stablecoins in a region positioning itself as a global crypto innovation hub. With its progressive regulatory framework, the UAE continues attracting major blockchain companies looking beyond mature Western markets.
This expansion coincides with Middle Eastern nations accelerating digital asset adoption while maintaining strong compliance standards. Circle’s Abu Dhabi foothold may drive broader stablecoin integration across regional payment systems and financial infrastructure.