Ripple’s RLUSD Stablecoin Gains Approval for Use in Dubai Financial Hub

Ripple has scored a significant regulatory victory as its stablecoin RLUSD has received official approval for use within Dubai’s prestigious financial free zone. The approval, granted by the Dubai Financial Services Authority (DFSA), opens doors for Ripple to integrate RLUSD into its DFSA-licensed payments platform leveraging the XRP Ledger to connect a global payout network.