Circle Secures ADGM License in Abu Dhabi for USDC and Global Expansion

Circle, the issuer of the USDC stablecoin, has obtained a full operational license from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority. This strategic move marks a significant step in Circle's Middle East expansion, allowing it to offer regulated digital asset services in the region. The license enables Circle to provide custody and proprietary trading services for digital assets directly from Abu Dhabi. This development strengthens the regulatory framework for stablecoins like USDC in a key financial hub and supports the growing institutional adoption of digital currency solutions. The expansion underscores Circle's commitment to building a compliant and interconnected global financial ecosystem.