$USDC #StablecoinPayments
USDC
0.9998
+0.01%
Stablecoins are becoming global – And Circle knows it
Circle is the first major stablecoin issuer to comply with the EU's MiCA regulations, and just last month, the company launched USDC in Japan through a partnership with SBI Holdings.
Why is this important?
Because according to data from rwa.xyz, there is currently $230 billion in stablecoins in circulation and it is growing rapidly. This is no longer a niche market. What started as a tool for cryptocurrency traders is now becoming a practical alternative for payments, remittances – even better than traditional banks!
By establishing a presence in Abu Dhabi, Circle wants to demonstrate confidence: that regulation and innovation can thrive together, and the Middle East is ready for the era of stablecoins.