Ripple’s Stablecoin RLUSD Wins Regulatory Approval in Dubai

Ripple’s RLUSD Stablecoin Gains Regulatory Approval for Use in Dubai’s Financial Center

Ripple announced that its U.S. dollar-backed stablecoin, RLUSD, has been officially approved by the Dubai Financial Services Authority (DFSA), authorizing its deployment within the Dubai International Financial Centre (DIFC).

This regulatory endorsement allows RLUSD to be incorporated into Ripple’s licensed payments platform and potentially accessed by other firms regulated by the DFSA, reinforcing Ripple’s expanding presence in the Middle Eastern digital asset space.

Designed with compliance and transparency in mind, RLUSD is fully backed 1:1 by U.S. dollars held in liquid assets and undergoes third-party audits to meet institutional standards.

Despite the regulatory clearance, the extent of RLUSD’s real-world adoption among DFSA-registered entities remains uncertain, as firms evaluate how to integrate the stablecoin into their payment ecosystems.

Ripple continues to build momentum in the UAE through recent collaborations with local banks such as Zand Bank and Mamo, alongside a real estate tokenization project with Ctrl Alt for Dubai’s Land Department.

According to Ripple, institutional stablecoin transactions in the UAE have surged by 55% year-over-year, underscoring the region’s growing appetite for regulated digital currency solutions.