TechFlow news, February 25 — According to Coindesk, the Dubai Financial Services Authority (DFSA) has officially approved the U.S. dollar-pegged stablecoin USDC and the euro-pegged stablecoin EURC for use as recognized cryptocurrencies within the Dubai International Financial Centre (DIFC).
Per the announcement, the approval allows financial institutions and fintech companies operating in the DIFC to integrate USDC and EURC into digital asset services, payments, treasury management, and other financial applications. The DIFC currently hosts over 6,000 businesses spanning 77 countries.
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