Odaily News The Dubai Financial Services Authority (DFSA) has officially approved Circle's stablecoins USD Coin (USDC) and EURC as approved tokens, becoming the first stablecoins approved under the regulatory system. The new regulations will enable companies in the Dubai International Financial Center (DIFC) to use these two stablecoins in a variety of digital asset applications such as payments and fund management. Since its establishment in 2004, DIFC has attracted nearly 7,000 active companies and strictly allows only approved crypto tokens to operate.