The post Ripple’s RLUSD Stablecoin Approved for Use in Abu Dhabi appeared first on Coinpedia Fintech News
Ripple’s RLUSD stablecoin has been recognized as an Accepted Fiat-Referenced Token by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This approval allows authorized licensed entities to use RLUSD for regulated activities within ADGM, a leading international financial center known for its strong regulatory standards. The recognition strengthens RLUSD’s position as a trusted, compliant settlement asset in the Middle East, complementing Ripple’s recent approvals from other regional regulators in the UAE.
Source: https://coinpedia.org/crypto-live-news/ripples-rlusd-stablecoin-approved-for-use-in-abu-dhabi/