Ripple’s dollar-backed stablecoin RLUSD today secured the status of a “Recognised Crypto Token” from the Dubai Financial Services Authority, clearing it for use inside the Dubai International Financial Centre. The designation, announced only six months after RLUSD’s launch under a New York Department of Financial Services (NYDFS) trust-company charter, makes RLUSD the first fully-reserved US-dollar stablecoin admitted to the DFSA regime and extends Ripple’s regulated footprint into one of the world’s fastest-growing digital-asset hubs.

Ripple Expands In UAE With RLUSD Approval

The DFSA’s recognised-token list, introduced in late 2022 with bitcoin, ether and litecoin, was expanded two years ago to include Toncoin and XRP. RLUSD now joins that small cohort, underscoring the regulator’s p

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