Circle Establishes Entity in ADGM and Partners with LuLuFin

Circle Internet Group, Inc., a digital financial technology company, has announced the establishment of an entity in Abu Dhabi Global Market, a major milestone in its strategic expansion into the Middle East and Africa. Circle has also entered into a partnership with LuLu Financial Holdings (“LuLuFin”) and its affiliates, one of the largest financial services groups in the region, to facilitate remittances and cross-border payments using Circle’s fully-reserved digital dollar, USDC.