Dubai Takes a Clearer Stance on Stablecoins Through DIFC Regulations



The Dubai International Financial Centre (DIFC) has officially approved regulated stablecoin operations, establishing a precise framework that distinguishes between compliant and non-compliant digital assets. The approved list is limited to three specific stablecoins: USDC, EURC, and RLUSD.

The regulatory approach explicitly excludes privacy coins, algorithmic stablecoins, and any stablecoins backed by cryptocurrency reserves or private credit arrangements. This isn't a blanket crypto ban—rather, it reflects a strategic preference for transparency and certainty over experimental models.

The move signals Dubai's commitment to fostering a regulated digital asset ecosystem while maintaining clear boundaries around asset stability and backing mechanisms. For market participants, this represents meaningful regulatory clarity in one of the region's most crypto-forward jurisdictions.
USDC-0.04%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
MemeEchoervip
· 4h ago
Only three? USDC, EURC, RLUSD. Dubai is aiming to be the "whitelist aristocrat" for stablecoins.
View OriginalReply0
StakoorNeverSleepsvip
· 4h ago
Dubai only has these three coins... a bit conservative. But to be fair, stablecoins should be managed this way. What are other so-called stablecoins then?
View OriginalReply0
SelfSovereignStevevip
· 5h ago
Only giving three? Dubai is really cautious, but that's also pretty good. At least someone finally figured out the matter of stablecoins.
View OriginalReply0
BlockchainTherapistvip
· 5h ago
Can only three coins be used? This approval process is too conservative, it feels like they're putting a cage around stablecoins.
View OriginalReply0
consensus_whisperervip
· 5h ago
Just these three? USDC, EURC, RLUSD... Feels a bit conservative, but this way it's clearer, at least you know how to play.
View OriginalReply0
SelfRuggervip
· 5h ago
Is Dubai just going to do it like this? Only recognizing three stablecoins, this setup is a bit small.
View OriginalReply0
ExpectationFarmervip
· 5h ago
Only allowed three stablecoins? Dubai's approach is quite conservative...
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt