Circle, guardian of the enigmatic USDC—far more than mere numbers, a trembling $62 billion mosaic—has bent its trajectory toward sun-soaked Abu Dhabi. In the labyrinthine corridors of the Financial Services Regulatory Authority, echoes resound: an in-principle nod, cryptic in its assurance, has loosened the gates ever so slightly for this ambitiously wheeling caravan to ply its wares as a money services merchant in the Emirates.
One could say the Middle East expansion is no less than an odyssey, replete with sand-strewn hopes and the faint scent of triumph, or perhaps just a well-oiled PR machine in the heat of the dunes. No sooner had Circle unveiled its shimmering new payments network—likely advertised to charm both sultans and software developers—than this announcement waltzed forth.
Stateside, behind smoked glass and muttered promises, the company hushes itself, its IPO dreams set afloat in bureaucratic suspense. There it waits—corporate ambitions buttoned up tight—while out across the desert, USDC whispers, “Was it something I deposited?” 🏜️🤔
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2025-04-29 13:21