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Circle Expands USDC Footprint with Key UAE Regulatory Approval
Circle Expands USDC Footprint with Key UAE Regulatory Approval
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USDC News -
Circle, the issuer of the $62 billion USDC stablecoin, has secured in-principle approval from Abu Dhabi’s Financial Services Regulatory Authority (FSRA). This regulatory greenlight enables Circle to operate as a licensed money services provider in the UAE, marking a significant step in its Middle East expansion strategy.
The milestone coincides with Circle’s recent rollout of new payments infrastructure aimed at accelerating global USDC adoption. While advancing its regional ambitions, the company maintains regulatory discretion following its confidential U.S. IPO filing.
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Circle’s USDC Expands into Middle East with Abu Dhabi Regulatory Approval
