According to Crypto Rover, Circle, the issuer of USDC, has received regulatory approval to operate as a money services provider in Abu Dhabi, UAE (source: Crypto Rover on Twitter, April 29, 2025). This development paves the way for greater USDC adoption in the Middle East, increasing its trading utility and liquidity across regional crypto exchanges. The approval is expected to strengthen Circle’s compliance profile and foster institutional trust in USDC, potentially leading to higher trading volumes and more stablecoin-based trading pairs in the region. Traders should closely monitor USDC pairs for increased activity and potential price stability in the wake of this regulatory milestone.