GateUser-6198a4c3
The RLUSD Ripple Stablecoin is officially approved in Dubai
Dubai has officially approved the use of RLUSD, a stablecoin issued by Ripple, which allows it to be used legally in the Dubai International Financial Centre (DIFC) – a special economic zone that is home to thousands of businesses.
After receiving regulatory approval from the Dubai Financial Services Authority (DFSA), RLUSD is now allowed to be used in the DIFC. This means that over 7,000 companies operating in the zone can now integrate RLUSD into their corporate-level financial transactions.
Specifically, RLUSD is now regulated in D
View OriginalDubai has officially approved the use of RLUSD, a stablecoin issued by Ripple, which allows it to be used legally in the Dubai International Financial Centre (DIFC) – a special economic zone that is home to thousands of businesses.
After receiving regulatory approval from the Dubai Financial Services Authority (DFSA), RLUSD is now allowed to be used in the DIFC. This means that over 7,000 companies operating in the zone can now integrate RLUSD into their corporate-level financial transactions.
Specifically, RLUSD is now regulated in D