Overview

• DFSA approval allows RLUSD to integrate into Ripple’s licensed payments platform and be offered to other DFSA-regulated entities in the Dubai International Financial Centre.
• The stablecoin is fully backed by U.S. dollars held in high-quality liquid assets and undergoes regular third-party audits to bolster institutional confidence.
• More than 7,000 companies within the DIFC zone can now leverage RLUSD for cross-border settlements and digital asset transactions.
• XRP rose nearly 4% to $2.25 following the approval, marking renewed investor confidence in Ripple’s market position.
• Ripple has deepened its UAE presence through partnerships with Zand Bank, Mamo, and Ctrl Alt and is collaborating on property tokenization projects with the Dubai Land Department.