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Circle has achieved a significant regulatory milestone in the United Arab Emirates by obtaining a Financial Services Permission (FSP) license from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market.
Key Takeaways:
- Circle has acquired an ADGM license to provide USDC services under comprehensive regulatory supervision.
- This approval bolsters Abu Dhabi’s ambition to establish itself as a global center for regulated digital assets.
- Circle has appointed Dr. Saeeda Jaffar to spearhead regional growth and promote USDC adoption.
The authorization enables Circle to function as a fully regulated Money Services Provider within the UAE’s capital market free zone, as stated in a press release issued by the company on Tuesday.
Circle Achieves Full Regulatory Access to UAE’s Expanding Crypto Hub
The license allows Circle to deliver regulated payment, settlement, and digital-asset services associated with USDC, providing the company with a formal operational presence in one of the fastest-growing environments for compliant crypto activities globally.
This development occurs as the UAE strives to establish itself as a worldwide leader in digital-asset regulation, with ADGM at the forefront of attracting companies seeking clear guidelines for fiat-backed tokens and tokenized financial services.
In line with its expansion efforts, Circle has appointed Dr. Saeeda Jaffar as Managing Director for the Middle East and Africa.
Dr. Jaffar, who currently holds a senior position at Visa overseeing the GCC region, will join Circle to direct its strategy, foster regional partnerships, and advocate for the wider adoption of USDC in business payments and financial infrastructure throughout the UAE and beyond.
Circle expands its regulatory footprint in the UAE
Announced at Abu Dhabi Finance Week:
→ Secured an @ADGlobalMarket FSRA Financial Services Permission to operate as a Money Services Provider
This milestone builds on USDC and EURC being the first stablecoins recognized by… pic.twitter.com/BCSDOpo3mb— Circle (@circle) December 9, 2025
“Regulatory clarity is the foundation of a more open and efficient internet financial system. We are honored to work with the FSRA in ADGM,” stated Circle co-founder and CEO Jeremy Allaire.
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With the license secured, Circle intends to broaden the regulated use of USDC in corporate payments, settlement frameworks, and developer infrastructure throughout the region.
This announcement also follows Dubai’s prior acknowledgment of USDC and EURC under the DFSA’s crypto token framework, providing Circle with regulatory support across both of the UAE’s primary financial zones.
Stablecoins have seen a significant increase in mainstream adoption since President Donald Trump enacted the GENIUS Act in July, which established a federal framework for their issuance and oversight.
The enactment of this law has prompted a surge of new stablecoin initiatives from major financial entities, including Bank of America, Morgan Stanley, and Robinhood.
Tether, Binance Obtain Regulatory Approval in ADGM
As previously reported, Tether’s USDT stablecoin has also received regulatory acknowledgment as an approved fiat-referenced token across various blockchains within the ADGM.
Tether announced that ADGM now allows licensed entities in the financial free zone to engage in regulated activities involving USDT across Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON.
These approvals build upon earlier recognition for USDT on Ethereum, Solana, and Avalanche.
On Monday, Binance revealed that it has also obtained full authorization to operate its flagship Binance.com platform under ADGM oversight, a significant achievement following years of regulatory examination.
Binance will function through three separate legal entities in the zone: an exchange, a clearing house, and a broker-dealer, reflecting a traditional financial-market structure aimed at facilitating regulated trading, custody, settlement, and off-exchange services.
The post Circle Wins Full ADGM License to Expand USDC Across the UAE appeared first on Cryptonews.
