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Circle Internet Group, Inc. has announced that its stablecoins, USDC and EURC, have been officially recognized by the Dubai Financial Services Authority (DFSA) as the first stablecoins approved within the Dubai International Financial Centre (DIFC). This approval allows financial institutions and fintech firms operating in the DIFC, which hosts over 6,000 companies, to integrate USDC and EURC into their digital asset services, payments, and treasury management. USDC, with a market cap of $57 billion, remains the second-largest stablecoin globally. This recognition by the DFSA builds on Circle's compliance with European Union (MiCA) regulations and Canada's new listing rules, enhancing the adoption of these stablecoins in the region.
COMMENT: This approval means that USDC and EURC can be integrated into digital asset services, payments, and treasury management by financial institutions and fintech firms operating in the DIFC. https://t.co/omNk99pVeG
BIG!!! STABLECOINS JUST GOT OFFICIAL RECOGNITION—$USDC & $EURC ARE NOW GREENLIT FOR REAL-WORLD ADOPTION. REGULATION = MASS ADOPTION. YOU’RE NOT BULLISH ENOUGH! 🔥 https://t.co/YBl8eJeb4A
🚨 LATEST: The DFSA has officially approved USDC and EURC as recognized tokens under its crypto regulatory framework—the first stablecoins to receive this status. Companies in the DIFC can now integrate them for payments, treasury management, and more. https://t.co/qcnerp8yfG
