Ripple’s RLUSD Gains Regulatory Approval in Abu Dhabi’s Financial Hub

Ripple has received a significant boost to its stablecoin, RLUSD, with the Abu Dhabi Global Market (ADGM) recognizing it as an Accepted Fiat-Referenced Token. This recognition opens doors for RLUSD usage within the ADGM’s financial ecosystem and allows authorized firms to integrate it into their operations. Experts attribute this rise to expanding DeFi applications and increased institutional interest.