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Ripple Expands Middle East Presence as RLUSD Gains Approval in Dubai

Published by bitcoinist.com on 3 days ago

Ripple Expands Middle East Presence as RLUSD Gains Approval in Dubai

Ripple has received regulatory approval to introduce its US dollar-backed stablecoin, RLUSD, into the Dubai International Financial Centre (DIFC).

The approval came from the Dubai Financial Services Authority (DFSA), which oversees activities within the special economic zone.

This development marks a new phase in Ripple’s strategy to expand its digital asset infrastructure across the Middle East.

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