According to Ripple, the FSRA has authorized RLUSD’s integration into licensed activities within ADGM, reinforcing its role in one of the most strictly regulated crypto markets globally.
On Nov. 27, Ripple announced that its USD-pegged stablecoin RLUSD has been approved by the Abu Dhabi Financial Services Regulatory Authority for use within the Abu Dhabi Global Market. Licensed firms can now integrate RLUSD into regulated activities under ADGM’s compliance framework, marking a significant milestone for Ripple in a jurisdiction known for stringent crypto oversight.