🚨 🚨🚨Circle Expands to Abu Dhabi🇦🇪 with Full Regulatory Approval⁉️⁉️⁉️

Big news from the stablecoin world!

Circle, the issuer behind $USDC , has officially been approved to operate as a regulated money services provider in Abu Dhabi, UAE. This major move marks a significant expansion into the Middle East and aligns with the region’s push to become a hub for digital finance.

Here’s what you need to know:

• Circle is now incorporated in Abu Dhabi Global Market (ADGM), one of the UAE’s key financial centers. This grants them a strong regulatory foundation to offer USDC-related services in the region.

• They’ve teamed up with LuLu Financial Holdings, a giant in the remittance industry managing over $10B in yearly transactions. Their goal? To use USDC to supercharge cross-border payments, making them faster, cheaper, and more transparent.

• Through Digit9, LuLu’s payment orchestration platform, the partnership will focus on high-volume corridors between the Middle East, Asia, and Europe.

• Circle has also praised the FSRA’s proposed regulations on fiat-referenced tokens, signaling their strong support for safe, well-regulated stablecoin innovation.

Why this matters:

This isn’t just a win for Circle—it’s a step toward mainstream adoption of stablecoins like USDC in global finance. With the Middle East embracing Web3 regulation, expect more crypto-fintech collaborations ahead.

Bullish or bearish on USDC’s global reach? Drop your thoughts below.⬇️