Ripple’s RLUSD stablecoin gets approval for use in Abu Dhabi’s financial zone after being recognized as an Accepted Fiat-Referenced Token. The Financial Services Regulatory Authority gave the green light for regulated firms to deploy RLUSD for permitted activities within the ADGM. RLUSD is gaining adoption with a market cap over $1 billion.

Ripple expands its presence in the UAE, securing approval to offer cross-border crypto payment services in the Dubai International Financial Centre (DIFC). The Dubai Financial Services Authority (DFSA) granted Ripple a license to operate in the region, allowing the use of RLUSD for regulated activities like payments and treasury management.

The UAE passes a new central bank law bringing DeFi and Web3 under regulatory oversight. Federal Decree Law No. 6 of 2025 requires protocols, platforms, and infrastructure providers involved in financial services to obtain licenses from the Central Bank of the UAE by September 2026. This move aims to regulate the growing DeFi and Web3 sector.

Read more at Cointelegraph: Ripple RLUSD Approved for Institutional Use in Abu Dhabi