The firm is expanding in the Middle East through a partnership with Abu Dhabi’s Hub71.
USDC remains the second-largest stablecoin, with over $62 billion in circulation.
A screenshot of Circle's website
Circle, the company behind the USDC stablecoin, has received
in-principle approval from the Financial Services Regulatory Authority (FSRA)
of Abu Dhabi Global Market (ADGM). The company shared the update today
(Tuesday) through an official press release, as reported by Cointelegraph.
The approval is an early step in the process toward a full
Financial Services Permission (FSP). If granted, the license would allow Circle
to operate as a regulated money services business in the United Arab Emirates.
Jeremy Allaire, Circle’s CEO, said the approval supports the
firm’s efforts to expand into regions that are developing blockchain-based
financial systems. He said it also reflects the company’s aim to align with
stablecoin rules worldwide.
Alongside the regulatory update, Circle announced a new
partnership with Hub71, a technology hub based in Abu Dhabi. Circle will take
part in projects inside ADGM’s digital regulatory sandbox. It will also join
Hub71’s digital assets group, which connects over 500 startups and investors.
USDC is currently the second-largest stablecoin by market
capitalization. There are $62.03 billion USDC tokens in circulation, based on
data from CoinMarketCap.
In Japan, Circle partnered with SBI Holdings. On March 26,
2025, SBI VC Trade began offering USDC trading. This made USDC the first
stablecoin approved under Japan’s updated regulatory rules.
Circle, the company behind the USDC stablecoin, has received
in-principle approval from the Financial Services Regulatory Authority (FSRA)
of Abu Dhabi Global Market (ADGM). The company shared the update today
(Tuesday) through an official press release, as reported by Cointelegraph.
The approval is an early step in the process toward a full
Financial Services Permission (FSP). If granted, the license would allow Circle
to operate as a regulated money services business in the United Arab Emirates.
Jeremy Allaire, Circle’s CEO, said the approval supports the
firm’s efforts to expand into regions that are developing blockchain-based
financial systems. He said it also reflects the company’s aim to align with
stablecoin rules worldwide.
Alongside the regulatory update, Circle announced a new
partnership with Hub71, a technology hub based in Abu Dhabi. Circle will take
part in projects inside ADGM’s digital regulatory sandbox. It will also join
Hub71’s digital assets group, which connects over 500 startups and investors.
USDC is currently the second-largest stablecoin by market
capitalization. There are $62.03 billion USDC tokens in circulation, based on
data from CoinMarketCap.
In Japan, Circle partnered with SBI Holdings. On March 26,
2025, SBI VC Trade began offering USDC trading. This made USDC the first
stablecoin approved under Japan’s updated regulatory rules.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
WhiteBIT secures brokerage license in Georgia to launch regulated crypto derivatives
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
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FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
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Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
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We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
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#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
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In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
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▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
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Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
