Ripple’s RLUSD Approved for Use in Dubai – Major Step Forward for Global Expansion

The Dubai Financial Services Authority (DFSA) has granted recognition to Ripple’s RLUSD stablecoin, marking a significant milestone for the crypto project and its global expansion. The approval allows businesses registered with the Dubai International Financial Centre (DIFC) to use RLUSD for various digital asset services. This move comes as Ripple strengthens its position in the crypto market after concluding its four-year lawsuit with the SEC.