USDC, the global dollar stablecoin, has received approval for use in Japan and Dubai.Circle, the issuer of USDC, has partnered with SBI to offer USDC to Japanese investors.USDC and EURC, another stablecoin, have been recognized by the Dubai Financial Services Authority.The regulatory approval of USDC in Japan and Dubai boosts Circle's global stablecoin adoption and poses a challenge to Tether's USDT.