Circle enters Middle East: Circle Internet Group, Inc. Has established a presence in the Middle East by incorporating an entity in the Abu Dhabi Global Market. This move is critical for their expansion into the Middle East and Africa, highlighting their aim to transform financial markets with blockchain solutions.

Partnership with LuLu Financial: Circle’s partnership with LuLu Financial Holdings focuses on leveraging USDC for remittances and cross-border payments. Operating in the Gulf Cooperation Council and APAC regions, LuLu manages over 10 billion USD annually, aiming for enhanced efficiency and reduced costs through this association.

USDC boosts payment systems: Utilizing USDC, the partnership seeks to improve liquidity and capitalize on blockchain speed and traceability. This alliance underlines a dedication to fintech innovation and financial inclusion, promising substantial benefits for PEOPLE and businesses within the dynamic Middle Eastern remittance corridors.