CIRCLE GETS ADGM GREENLIGHT IN ABU DHABI

Summary from the TLDR Crypto newsletter

Circle has received a Money Services Provider license from Abu Dhabi Global Market's FSRA. It can now offer regulated payment and settlement services out of the UAE. With the license, Circle can push USDC-based rails to businesses, banks, and developers across the region under a clear, bespoke digital-asset regime. The firm has hired ex-Visa exec Saeeda Jaffar as MD for the Middle East and Africa to drive institutional partnerships and onchain payments adoption. This move lands alongside ADGM's recognition of USDT on multiple chains and Binance.com's full authorization, signaling a coordinated push to make Abu Dhabi a key stablecoin and exchange hub.