#Ripple receives official approval for its stablecoin #RLUSD for use in regulated financial activities in Abu Dhabi


Ripple announced that its US dollar-backed stablecoin, Ripple USD (RLUSD), has been recognized as a fiat-referenced token by the Abu Dhabi Financial Services Regulatory Authority, allowing its use within the Abu Dhabi Global Market.
Authorized and licensed individuals by the authority can now use RLUSD in regulated financial activities, with full compliance to regulatory standards. This recognition further strengthens RLUSD’s position as a reliable and compliant stablecoin for institutional use in the Middle East, following previous regulatory approvals in the region.
Ripple plans to use RLUSD in cross-border payment solutions and to support capital markets through the Ripple Prime platform, facilitating money transfers between the traditional system and digital currencies.
#XRP #XRPUSDT #الريبل
$XRP
XRP1,41%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
MaoDanDanvip
· 2025-12-04 12:49
Just go for it 💪
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt