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BTCC / BTCC Square / Global Cryptocurrency /
Circle Gains UAE Regulatory Nod to Expand USDC Footprint in Middle East

Circle Gains UAE Regulatory Nod to Expand USDC Footprint in Middle East

Author:
Global Cryptocurrency
Published:
2025-04-29 10:27:36
17
2
USDC News -

Circle, 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, accelerating its Middle East expansion strategy.

The milestone coincides with Circle’s recent launch of new payments infrastructure designed to boost USDC adoption globally. The firm remains strategically silent regarding its pending U.S. IPO, currently in a mandated quiet period.

|Square

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