USDC and EURC Recognized as Official Stablecoins in Dubai
- Circle’s USDC and EURC have been approved by the Dubai Financial Services Authority (DFSA).
- The stablecoins are now “recognized crypto tokens” in Dubai.
- 6,000 companies within the Dubai International Financial Centre (DIFC) can use these stablecoins.
The DFSA’s approval of USDC and EURC as recognized crypto tokens enables their use among 6,000 companies in the DIFC, marking a significant milestone for Circle’s stablecoins.
Source (2.6)https://news.bitcoin.com/usdc-and-eurc-break-new-ground-as-dubais-first-officially-recognized-stablecoins/?rand=52384
