Dubai International Financial Centre highlighted the incorporation of The Middle East Stablecoin Association, or MESA, in the centre as a Non-Profit Incorporated Organisation. The move formalises MESA’s shift from an industry-led initiative to a registered regional platform focused on responsible stablecoin adoption through policy dialogue, education, research, standards development and international knowledge exchange. MESA is intended to convene stablecoin issuers, exchanges, banks, legal advisers, fintech infrastructure providers, venture capital firms, corporate treasury leaders and other market participants, while also engaging policymakers and regulators. The platform is positioned as operating in the public interest rather than promoting any individual organisation, with a stated focus on safe, transparent and interoperable growth of digital money across the Middle East. The release places the incorporation in the context of a growing regulated digital asset market in the UAE and notes the existing framework spanning the Central Bank of the UAE, Dubai’s Virtual Assets Regulatory Authority, the Dubai Financial Services Authority and Abu Dhabi Global Market’s Financial Services Regulatory Authority. It also points to MESA’s earlier activities, including legal and regulatory research, corporate treasury education, an educational roundtable with Citi, institutional engagement in Abu Dhabi and the establishment of committees covering legal and regulatory affairs and compliance, technology and innovation, marketing and public relations, and banking and corporate treasury.

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