Ripple USD Gets Dubai Approval. How Will It Tap Into $400B Trade Market?
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Ripple USD (RLUSD), Ripple’s U.S. dollar-backed stablecoin built on the XRP Ledger, has received official regulatory approval from the Dubai Financial Services Authority (DFSA). This milestone marks a significant step in Ripple’s strategy to integrate blockchain technology into real-world finance and expand its presence in the Middle East. https://twitter.com/Ripple/status/1929780706747572261 Ripple USD Designed for Enterprise Use and Regulatory Compliance With this approval, Ripple can now integrate Ripple USD (RLUSD) into its flagship payments platform licensed by the DFSA. The move also allows RLUSD to operate within the Dubai International Financial Centre (DIFC), a major financial hub known for its stringent
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