Dubai Approves Circle’s USDC and EURC as First Recognized Stablecoins Under New Crypto Framework

The post Dubai Approves Circle’s USDC and EURC as First Recognized Stablecoins Under New Crypto Framework appeared first on Coinpedia Fintech News

Crypto has gained significant attention and acceptance following a change in the USA’s view under Donald Trump’s crypto-friendly administration. Under this regime, crypto and related companies are no longer treated like enemies. As a result, the Dubai Financial Service Authority (DFSA) has embraced the crypto movement by approving Circle’s stablecoins, USDC and EURC, as authorized …