Blockchain company Ripple has announced a strategic approval poised to supercharge the adoption of its blockchain-powered solutions.The firm took to X today to confirm that Abu Dhabi’s Financial Services Regulatory Authority (FSRA) has recognised RLUSD stablecoin as an Accepted Fiat-Referenced Token.Ripple@Ripple·FollowCompliance and trust are non-negotiables for institutional finance. That’s why $RLUSD has been greenlisted by Abu Dhabi’s FSRA, enabling its use as collateral on exchanges, for lending, and on prime brokerage platforms within @ADGlobalMarket—the international financial centre of10:31 am · 27 Nov 20252.3KReplyCopy linkRead 95 repliesThis recognition is vital as it enables RLUSD use within the Abu Dhabi Global Market (ADGM) – the international financial hub of the UAE.Meanwhile, FSRA-certified companies can use the stablecoin in legitimate undertakings, including trading, lending, and as collateral. Such use cases strengthen RLUSD’s credibility as a legitimate, compliant digital asset in a region that’s rapidly embracing crypto.Commenting on the approval, Ripple’s Senior VP of Stablecoins said:The FSRA’s recognition of RLUSD as a Fiat-Referenced Token reinforces our commitment to regulatory compliance and trust – two non-negotiables when it comes to institutional finance. With a market capitalization of over $1 billion and growing adoption in core financial uses like collateral and payments, RLUSD is quickly becoming a go-to USD stablecoin for major institutions.Ripple USD boasts a robust compliance structure, which has helped it thrive since its late 2024 debut.The stablecoin now boasts $1.02 billion in market cap.The NYFDS-approved stablecoin is fully tied 1:1 to US dollars held in reliable, liquid assets, subject to third-party audits and strict reserve management.ADGM could bolster RLUSD adoptionThe approval remains paramount in supercharging RLUSD adoption in the Middle East and globally. The move clears the path for enterprise applications to integrate the stablecoin. For example, businesses can leverage the regulated assets to complete cross-border payments. According to Ripple’s Managing Director for Africa and the Middle East, Reece Merrick:ADGM is recognized globally for its robust and forward-thinking regulatory leadership, so this approval reinforces RLUSD as a compliant stablecoin that meets the highest standards of trust, transparency, and utility. This recognition is yet another step forward for Ripple’s operations in the region, where we are experiencing surging interest in our products.Also, ADGM Chief Market Development Officer Arbind Ramamurthy congratulated Ripple on the latest regulatory milestone, adding:We look forward to seeing them make use of our robust regulatory framework, designed to support the sustainable growth of innovative firms and ensure the highest international standards of governance and compliance.The latest developments are part of Ripple’s growing footprint in Africa and the Middle East.Last month, the company signed strategic collaborations with Yellow Card, Chipper Cash, and VALR, allowing African businesses and individuals to use RLUSD.Also, Ripple’s stablecoin arrived in Bahrain in October.These add to earlier wins that included alliances with Mamo and Zand Bank, which support Ripple-enabled blockchain transactions in the UAE.The post Ripple’s RLUSD approved for institutional use in Abu Dhabi’s financial hub appeared first on InvezzBlockchain company Ripple has announced a strategic approval poised to supercharge the adoption of its blockchain-powered solutions.The firm took to X today to confirm that Abu Dhabi’s Financial Services Regulatory Authority (FSRA) has recognised RLUSD stablecoin as an Accepted Fiat-Referenced Token.Ripple@Ripple·FollowCompliance and trust are non-negotiables for institutional finance. That’s why $RLUSD has been greenlisted by Abu Dhabi’s FSRA, enabling its use as collateral on exchanges, for lending, and on prime brokerage platforms within @ADGlobalMarket—the international financial centre of10:31 am · 27 Nov 20252.3KReplyCopy linkRead 95 repliesThis recognition is vital as it enables RLUSD use within the Abu Dhabi Global Market (ADGM) – the international financial hub of the UAE.Meanwhile, FSRA-certified companies can use the stablecoin in legitimate undertakings, including trading, lending, and as collateral. Such use cases strengthen RLUSD’s credibility as a legitimate, compliant digital asset in a region that’s rapidly embracing crypto.Commenting on the approval, Ripple’s Senior VP of Stablecoins said:The FSRA’s recognition of RLUSD as a Fiat-Referenced Token reinforces our commitment to regulatory compliance and trust – two non-negotiables when it comes to institutional finance. With a market capitalization of over $1 billion and growing adoption in core financial uses like collateral and payments, RLUSD is quickly becoming a go-to USD stablecoin for major institutions.Ripple USD boasts a robust compliance structure, which has helped it thrive since its late 2024 debut.The stablecoin now boasts $1.02 billion in market cap.The NYFDS-approved stablecoin is fully tied 1:1 to US dollars held in reliable, liquid assets, subject to third-party audits and strict reserve management.ADGM could bolster RLUSD adoptionThe approval remains paramount in supercharging RLUSD adoption in the Middle East and globally. The move clears the path for enterprise applications to integrate the stablecoin. For example, businesses can leverage the regulated assets to complete cross-border payments. According to Ripple’s Managing Director for Africa and the Middle East, Reece Merrick:ADGM is recognized globally for its robust and forward-thinking regulatory leadership, so this approval reinforces RLUSD as a compliant stablecoin that meets the highest standards of trust, transparency, and utility. This recognition is yet another step forward for Ripple’s operations in the region, where we are experiencing surging interest in our products.Also, ADGM Chief Market Development Officer Arbind Ramamurthy congratulated Ripple on the latest regulatory milestone, adding:We look forward to seeing them make use of our robust regulatory framework, designed to support the sustainable growth of innovative firms and ensure the highest international standards of governance and compliance.The latest developments are part of Ripple’s growing footprint in Africa and the Middle East.Last month, the company signed strategic collaborations with Yellow Card, Chipper Cash, and VALR, allowing African businesses and individuals to use RLUSD.Also, Ripple’s stablecoin arrived in Bahrain in October.These add to earlier wins that included alliances with Mamo and Zand Bank, which support Ripple-enabled blockchain transactions in the UAE.The post Ripple’s RLUSD approved for institutional use in Abu Dhabi’s financial hub appeared first on Invezz

Ripple’s RLUSD approved for institutional use in Abu Dhabi’s financial hub

2025/11/28 03:25
2 min read

Blockchain company Ripple has announced a strategic approval poised to supercharge the adoption of its blockchain-powered solutions.

The firm took to X today to confirm that Abu Dhabi’s Financial Services Regulatory Authority (FSRA) has recognised RLUSD stablecoin as an Accepted Fiat-Referenced Token.

Ripple
@Ripple
·Follow

Compliance and trust are non-negotiables for institutional finance. That’s why $RLUSD has been greenlisted by Abu Dhabi’s FSRA, enabling its use as collateral on exchanges, for lending, and on prime brokerage platforms within @ADGlobalMarket—the international financial centre of

10:31 am · 27 Nov 2025
2.3K Reply Copy link
Read 95 replies

This recognition is vital as it enables RLUSD use within the Abu Dhabi Global Market (ADGM) – the international financial hub of the UAE.

Meanwhile, FSRA-certified companies can use the stablecoin in legitimate undertakings, including trading, lending, and as collateral.

Such use cases strengthen RLUSD’s credibility as a legitimate, compliant digital asset in a region that’s rapidly embracing crypto.

Commenting on the approval, Ripple’s Senior VP of Stablecoins said:

Ripple USD boasts a robust compliance structure, which has helped it thrive since its late 2024 debut.

The stablecoin now boasts $1.02 billion in market cap.

The NYFDS-approved stablecoin is fully tied 1:1 to US dollars held in reliable, liquid assets, subject to third-party audits and strict reserve management.

ADGM could bolster RLUSD adoption

The approval remains paramount in supercharging RLUSD adoption in the Middle East and globally.

The move clears the path for enterprise applications to integrate the stablecoin.

For example, businesses can leverage the regulated assets to complete cross-border payments.

According to Ripple’s Managing Director for Africa and the Middle East, Reece Merrick:

Also, ADGM Chief Market Development Officer Arbind Ramamurthy congratulated Ripple on the latest regulatory milestone, adding:

The latest developments are part of Ripple’s growing footprint in Africa and the Middle East.

Last month, the company signed strategic collaborations with Yellow Card, Chipper Cash, and VALR, allowing African businesses and individuals to use RLUSD.

Also, Ripple’s stablecoin arrived in Bahrain in October.

These add to earlier wins that included alliances with Mamo and Zand Bank, which support Ripple-enabled blockchain transactions in the UAE.

The post Ripple’s RLUSD approved for institutional use in Abu Dhabi’s financial hub appeared first on Invezz

Market Opportunity
TokenFi Logo
TokenFi Price(TOKEN)
$0.003256
$0.003256$0.003256
-1.89%
USD
TokenFi (TOKEN) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

XRP price prediction as Standard Chartered cuts 2026 target

XRP price prediction as Standard Chartered cuts 2026 target

The post XRP price prediction as Standard Chartered cuts 2026 target appeared on BitcoinEthereumNews.com. XRP price shows mild signs of recovery even as Standard
Share
BitcoinEthereumNews2026/02/17 14:41
This U.S. politician’s suspicious stock trade just returned over 200% in weeks

This U.S. politician’s suspicious stock trade just returned over 200% in weeks

The post This U.S. politician’s suspicious stock trade just returned over 200% in weeks appeared on BitcoinEthereumNews.com. United States Representative Cloe Fields has seen his stake in Opendoor Technologies (NASDAQ: OPEN) stock return over 200% in just a matter of weeks. According to congressional trade filings, the lawmaker purchased a stake in the online real estate company on July 21, 2025, investing between $1,001 and $15,000. At the time, the stock was trading around $2 and had been largely stagnant for months. Receive Signals on US Congress Members’ Stock Trades Stocks Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions. Enable signal The trade has since paid off, with Opendoor surging to $10, a gain of nearly 220% in under two months. By comparison, the broader S&P 500 index rose less than 5% during the same period. OPEN one-week stock price chart. Source: Finbold Assuming he invested a minimum of $1,001, the purchase would now be worth about $3,200, while a $15,000 stake would have grown to nearly $48,000, generating profits of roughly $2,200 and $33,000, respectively. OPEN’s stock rally Notably, Opendoor’s rally has been fueled by major corporate shifts and market speculation. For instance, in August, the company named former Shopify COO Kaz Nejatian as CEO, while co-founders Keith Rabois and Eric Wu rejoined the board, moves seen as a return to the company’s early innovative spirit.  Outgoing CEO Carrie Wheeler’s resignation and sale of millions in stock reinforced the sense of a new chapter. Beyond leadership changes, Opendoor’s surge has taken on meme-stock characteristics. In this case, retail investors piled in as shares climbed, while short sellers scrambled to cover, pushing prices higher.  However, the stock is still not without challenges, where its iBuying model is untested at scale, margins are thin, and debt tied to…
Share
BitcoinEthereumNews2025/09/18 04:02
Pi Network v19–v23 Upgrade: From Experimental Nodes to Enterprise-Ready Infrastructure

Pi Network v19–v23 Upgrade: From Experimental Nodes to Enterprise-Ready Infrastructure

   Pi Network is undergoing a significant transformation with its ongoing v19–v23 upgrade, signaling a shift from a closed exper
Share
Hokanews2026/02/17 14:05