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 USD is now a recognized crypto token under the DFSA’s regime in Dubai. RLUSD is: ✅ Enterprise-grade✅ Compliant✅ Built for real utilityAnother milestone as we expand our footprint in the DIFC and across the UAE. 🔗 You may find it interesting at FinanceMagnates.com: SEC Begins Review of First Spot XRP ETF Bid with WisdomTree Proposal.With this approval, XRP became the first virtual asset to be accepted under the DFSA’s virtual assets regime. Licensed firms operating within the DIFC can now integrate XRP into their products and services.