đš Rippleâs RLUSD Stablecoin Approved in Abu Dhabiâs ADGM! đŠđȘ
Big regulatory win for Ripple!
The Abu Dhabi Financial Services Regulatory Authority (FSRA) has officially recognized $RLUSD as an âAccepted Fiat-Referenced Tokenâ under its regulated framework.
This approval means RLUSD can now be used by licensed and authorized financial entities inside the Abu Dhabi Global Market (ADGM) â one of the worldâs most advanced digital-asset jurisdictions.
đ„ What This Enables
đŠ Use of RLUSD by regulated banks & payment firms
đł Payments, settlements & cross-border transfers
đ Liquidity management, collateral use & lending
đĄïž Full compliance under ADGMâs institutional standards
This marks another major step in Rippleâs push toward global institutional adoption of regulated stablecoins.
đŹ How big is this for Rippleâs ecosystem and institutional crypto adoption?
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