PANews
PANews|Jun 03, 2025 08:27
Ripple stablecoin RLUSD receives regulatory approval in Dubai According to CoinDesk, Ripple's stablecoin RLUSD has been approved by the Dubai Financial Services Authority (DFSA) for use in the Dubai International Financial Centre (DIFC). Ripple stated that the approval will drive the integration of RLUSD into its payment platform and may be adopted by other DFSA registration agencies. RLUSD is supported 1:1 by highly liquid US dollar assets and is subject to third-party auditing.
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