Ripple’s RLUSD Receives Regulatory Approval in Dubai – A Step Towards Real-World Utility

Ripple’s stablecoin, RLUSD, has been granted official recognition by the Dubai Financial Services Authority (DFSA). This approval paves the way for RLUSD to be used within the Dubai International Financial Centre (DIFC) and across the United Arab Emirates. Ripple highlights RLUSD’s ‘enterprise-grade’ status, compliance with regulatory standards, and its focus on real-world applications like payments and settlements. !