Ripple’s $1.2B RLUSD Stablecoin Wins ADGM Approval, Targeting Middle East Institutionals
The post Ripple’s $1.2B RLUSD Stablecoin Wins ADGM Approval, Targeting Middle East Institutionals appeared on BitcoinEthereumNews.com.
Key Takeaways: Ripple’s USD-backed stablecoin RLUSD has been officially recognized as an Accepted Fiat-Referenced Token by Abu Dhabi’s FSRA for use inside the ADGM financial center. The designation lets FSRA-licensed firms use RLUSD for regulated activities, strengthening its position as a compliant settlement asset for banks, fintechs, and payment firms across the Middle East. With a market cap above $1.2 billion and strict 1:1 USD reserve safeguards, RLUSD is now positioned to plug into Ripple’s cross-border payments stack and institutional rails across the region. Ripple has secured a major regulatory win in the Gulf. Abu Dhabi’s Financial Services Regulatory Authority (FSRA) has signed off on Ripple USD (RLUSD) as an Accepted Fiat-Referenced Token, clearing the way for its use inside Abu Dhabi Global Market (ADGM), one of the world’s most tightly regulated digital-asset hubs. For stablecoins, this isn’t just another listing. It puts RLUSD inside a ring-fenced, bank-friendly framework that many global institutions already trust. Read More: Ripple Unveils Full U.S. Spot Prime Brokerage Access for Institutional Crypto Trading RLUSD Cleared for Use Inside ADGM The new status means RLUSD can now be used by Authorized Persons licensed by the FSRA to conduct permitted regulated activities in ADGM, as long as they meet ongoing firm-level obligations tied to Fiat-Referenced Tokens. In practice, that opens several doors: Regulated payment flows: Banks and payment companies in ADGM can use RLUSD as a settlement asset for cross-border transfers, remittances, and treasury movements. Institutional digital-asset services: Brokers, custodians, and investment firms operating under FSRA oversight can incorporate RLUSD into product structures, subject to their existing permissions. On- and off-ramps into crypto rails: RLUSD can sit at the junction between traditional accounts and tokenized liquidity, supporting Ripple’s enterprise payment offerings. The recognition also places RLUSD alongside a small, curated list of tokens that ADGM formally…
Filed under: News - @ November 27, 2025 5:26 pm