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After XRP, Ripple’s RLUSD Joins Dubai’s Approved Crypto Tokens Under DFSA

  • Ripple's US dollar stablecoin RLUSD is now officially recognized by Dubai Financial Services Authority (DFSA) under the crypto token regime.
  • RLUSD is compliant, designed for enterprise use, and adds to Ripple's presence in Dubai International Financial Centre (DIFC) and wider UAE market.
  • XRP was the first virtual asset accepted under DFSA's virtual assets regime, allowing licensed firms in DIFC to integrate XRP into their products and services.
  • Ripple has been in the spotlight with expanding partnerships, regulatory discussions, and initiatives like using Ripple Custody in South Korea and offering instant payments in Portugal.

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