Dubai Approves Ripple's RLUSD Stablecoin for Institutional Use

Dubai Approves Ripple's RLUSD Stablecoin for Institutional Use

The Dubai Financial Services Authority (DFSA) has officially approved Ripple’s RLUSD stablecoin for use within the Dubai International Financial Centre (DIFC), marking a pivotal step in expanding blockchain integration into traditional finance in the region. With this approval, RLUSD can now be utilized by over 7,000 companies operating within the DIFC for various virtual asset services, including payments, treasury management, and other digi...

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