PANews reported on November 27 that Ripple announced that its USD-backed stablecoin, Ripple USD (RLUSD), has been recognized by the Abu Dhabi Financial Services Regulatory Authority (FSRA) as an "approved fiat-pegged token" and can be used within the Abu Dhabi Global Market (ADGM), the international financial center in Abu Dhabi, the capital of the United Arab Emirates (UAE).
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