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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 under the crypto token regime of the Dubai Financial Services Authority (DFSA). The token is described by Ripple as compliant and designed for enterprise use and real-world utility.DFSA Approves RLUSD After XRPThis move expands Ripple’s presence in the Dubai International Financial Centre (DIFC) and adds to the company's activities in the wider UAE market. The recognition of RLUSD comes shortly after the DFSA approved Ripple’s digital asset, XRP, for use within the DIFC.
Ripple's US dollar stablecoin, RLUSD, is now officially recognized under the crypto token regime of the Dubai Financial Services Authority (DFSA). The token is described by Ripple as compliant and designed for enterprise use and real-world utility.
DFSA Approves RLUSD After XRP
This move expands Ripple’s presence in the Dubai International Financial Centre (DIFC) and adds to the company's activities in the wider UAE market. The recognition of RLUSD comes shortly after the DFSA approved Ripple’s digital asset, XRP, for use within the DIFC.
