USDC and EURC Break New Ground as Dubai’s First Officially Recognized Stablecoins

Stablecoin issuer Circle announced that its flagship plus USDC and its smaller euro-based stablecoin EURC person some been approved arsenic “recognized crypto tokens” by the Dubai Financial Services Authority (DFSA). The designation volition let the 6,000 companies successful the Dubai International Financial Centre (DIFC), including fiscal institutions, to usage and beforehand the 2 stablecoins. USDC […]