Ripple’s stablecoin business has found one of its strongest footholds yet – and it’s not in the United States.
- Abu Dhabi has authorized RLUSD for institutional use under its ADGM financial framework.
- Ripple is positioning RLUSD as a regulatory-first stablecoin, not a speculative trading product.
- The firm continues expanding in the Middle East and Africa through fintech and enterprise partnerships.
The company behind the XRP Ledger has effectively unlocked access to Abu Dhabi’s regulated financial market after RLUSD was cleared for use across the jurisdiction. The approval gives Ripple a strategic position in a region that has rapidly become a global center for compliant digital-asset infrastructure.
A Regulated Path for RLUSD in the Capital of the UAE
The classification of RLUSD as an “Accepted Fiat-Referenced Token” by Abu Dhabi Global Market’s Financial Services Regulatory Authority makes it possible for institutions licensed under ADGM rules to deploy the stablecoin in approved financial activities. Rather than a direct approval for retail distribution, the clearance specifically targets banks, payment firms, and other supervised entities — reflecting the institutional direction Ripple has repeatedly emphasized for its stablecoin.
Ripple executives framed the green light not as a marketing win, but as the next step in building a stablecoin designed to meet regulatory expectations across major financial hubs. The company says RLUSD has now passed one of the strictest regulatory filters in the world.
Abu Dhabi’s Strategy Aligns With Ripple’s
ADGM has spent years developing a reputation for being both crypto-forward and regulation-first. Its officials said the RLUSD approval is consistent with a broader initiative to support financial firms experimenting with regulated blockchain products rather than speculative instruments. The move builds on a sequence of Middle Eastern advances for Ripple; the firm secured a DFSA license earlier this year, unlocking its services across the wider UAE.
Ripple Is Expanding Beyond Payments
Even before Abu Dhabi’s approval, RLUSD had begun appearing in pilots and partnerships outside the Middle East. In Africa, Ripple has been working with Chipper Cash, VALR, and Yellow Card, positioning the stablecoin for cross-border payments and liquidity provisioning in regions underserved by traditional banking rails.
Meanwhile, the company continues to explore enterprise-focused blockchain applications in the Gulf. One of its most high-profile initiatives involves modernizing real-estate records in Dubai, where the Dubai Land Department is using the XRP Ledger to issue digital property titles through a partnership with Ctrl Alt.
A Different Kind of Stablecoin Race
Most competing stablecoins have been rolled out with retail trading in mind. Ripple is charting a different path: building a product that financial regulators — not crypto exchanges — approve first. The firm believes that gaining the trust of banks and institutions is ultimately what will define the next phase of stablecoin adoption.
The recognition from Abu Dhabi gives that strategy global momentum.
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Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.