BREAKING
74d 18h ago

RLUSD Approved for Use in Abu Dhabi Global Market (ADGM) by FSRA, Expanding Ripple’s Stablecoin in a Regulated Crypto Hub

XRP

XRP/USDT

$1.455
+3.23%
24h Volume

$2,431,226,288.85

24h H/L

$1.4703 / $1.4052

Change: $0.0651 (4.63%)

Long/Short
70.2%
Long: 70.2%Short: 29.8%
Funding Rate

-0.0145%

Shorts pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.4639

2.87%

Volume (24h): -

Resistance Levels
Resistance 3$1.8487
Resistance 2$1.6763
Resistance 1$1.487
Price$1.4639
Support 1$1.3865
Support 2$1.2841
Support 3$1.1172
Pivot (PP):$1.448
Trend:Downtrend
RSI (14):36.8

As reported by COINOTAG News via CoinDesk, Ripple’s USD-pegged stablecoin RLUSD has secured formal approval to operate within the Abu Dhabi Global Market (ADGM) framework, reinforcing its compliance posture in one of the world’s most tightly regulated crypto hubs. The authorization from the Abu Dhabi Financial Services Regulatory Authority (FSRA) confirms that licensed entities may employ RLUSD for a spectrum of regulated activities, aligning with ADGM’s risk controls and governance standards.

A milestone that positions RLUSD among a selective cohort with access to ADGM’s closed financial ecosystem, potentially improving settlement efficiency and cross-border liquidity for market participants. Firms adopting RLUSD should monitor ongoing regulatory guidance and risk management requirements to ensure ongoing compliance, transparency, and robust operational resilience within ADGM’s disciplined digital asset environment.

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