#AbuDhabiStablecoin #AbuDhabiStablecoin This approval allows Circle to operate as a money services provider, paving the way for further expansion in the Middle East.

- The company aims to establish a strong presence in markets that are embracing the onchain economy, enhancing investment and innovation opportunities.

New Stablecoin Initiative

- The Abu Dhabi sovereign wealth fund ADQ is involved in launching a new stablecoin backed by the emirate's currency.