Ripple's stablecoin RLUSD has been approved for use as a recognized fiat-pegged token in the Abu Dhabi Global Market.

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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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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