According to reports from Mars Finance, Ripple has announced that its USD-backed stablecoin Ripple USD (RLUSD) has been recognized by the Abu Dhabi Financial Services Regulatory Authority (FSRA) as an “approved fiat-pegged Token” and can be used within the Abu Dhabi Global Market (ADGM), the international financial center in the capital of the United Arab Emirates (UAE).
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Ripple's RLUSD has been approved for use as a recognized fiat-backed Token in the Abu Dhabi Global Market.
According to reports from Mars Finance, Ripple has announced that its USD-backed stablecoin Ripple USD (RLUSD) has been recognized by the Abu Dhabi Financial Services Regulatory Authority (FSRA) as an “approved fiat-pegged Token” and can be used within the Abu Dhabi Global Market (ADGM), the international financial center in the capital of the United Arab Emirates (UAE).