Ripple’s Stablecoin RLUSD Gets Regulatory Nod In Dubai
Posted On June 3, 2025
Ripple‘s (CRYPTO: XRP) U.S. dollar-backed stablecoin RLUSD has received regulatory approval from the Dubai Financial Services Authority (DFSA), allowing it to be used as a legal payment mechanism within the Dubai International Financial Centre (DIFC).
This marks a significant expansion of Ripple’s presence in the Middle East as it positions itself to tap into the region’s growing demand for regulated digital finance infrastructure.
The DFSA’s approval means Ripple can now integrate RLUSD into its licensed payment platform within the DIFC.
The move opens the door for over 7,000 companies based in the financial zone to leverage Ripple’s stablecoin for cross-border transactions …