#AbuDhabiStablecoin

Circle has secured in-principle approval to operate as a money services provider in Abu Dhabi, marking a key step in its Middle East expansion.

Circle Internet Financial, the USDC stablecoin issuer, has received the in-principle approval from Abu Dhabi regulators. With the approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM), the firm can now serve as a money services provider in the region