Ripple has secured an important regulatory milestone in the Middle East after its stablecoin RLUSD was officially recognized for use in Dubai’s financial hub. The approval places RLUSD among a very small group of stablecoins cleared for activity inside the Dubai International Financial Centre.
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.
Ripple News: Dubai Backs RLUSD as It Revamps Crypto Rules
Ripple has secured an important regulatory milestone in the Middle East after its stablecoin RLUSD was officially recognized for use in Dubai’s financial hub. The approval places RLUSD among a very small group of stablecoins cleared for activity inside the Dubai International Financial Centre.