Circle Gains Abu Dhabi Approval for USDC Stablecoin Expansion

The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.

Circle, the issuer of USDC, has secured in-principle approval from Abu Dhabi regulators, marking a significant step toward expanding its regulated stablecoin services globally. The move aligns with the UAE’s push to become a leading Web3 hub.

  • Circle's in-principle approval from ADGM's FSRA advances its plans for regulated stablecoin services in the UAE.
  • The company partnered with Hub71 to support digital asset innovation within Abu Dhabi's tech ecosystem.
  • The UAE ranks among top crypto-friendly nations, with recent regulatory efforts accelerating Web3 adoption.
Notifications 0