Dubai approves Circle stablecoins USDC and EURC as recognized tokens

The Dubai Financial Services Authority (DFSA) has officially approved Circle’s stablecoins USD Coin (USDC) and EURC (EURC) as recognized tokens under the agency’s crypto regulatory framework, which is the first batch of stablecoins approved under the framework. Companies at the Dubai International Financial Center (DIFC) can now integrate these two stablecoins into digital asset applications such as payments and financial management.（Cointelegraph）

read the original