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