Ripple’s RLUSD Stablecoin Approved by Dubai Financial Services Authority

The Dubai Financial Services Authority (DFSA) has granted approval for Ripple’s RLUSD stablecoin to be used within the Dubai International Financial Centre, marking a significant milestone for both Ripple and the UAE’s financial landscape. 7,000 firms in the DIFC now have access to this innovative solution, potentially revolutionizing cross-border payments through secure, compliant blockchain technology.