Abu Dhabi Greenlights RLUSD for Institutional Adoption

Ripple's dollar-pegged stablecoin, RLUSD, has received regulatory approval in Abu Dhabi, paving the way for its use by regulated financial institutions within the Abu Dhabi Global Market (ADGM).

According to Ripple's announcement, the Financial Services Regulatory Authority (FSRA), the regulatory body overseeing ADGM, has recognized RLUSD as an Accepted Fiat-Referenced Token. This allows firms licensed by the FSRA to utilize RLUSD for permitted activities, subject to compliance with regulations related to fiat-referenced tokens, including reserve management and disclosure requirements.

Ripple's Expansion in the UAE

Ripple is actively pursuing expansion within the United Arab Emirates. In October 2024, the company obtained in-principle approval from the Dubai Financial Services Authority (DFSA) to offer digital asset services.

Subsequently, Ripple secured full regulatory approval in Dubai, enabling it to provide cross-border crypto payment services within the Dubai International Financial Centre (DIFC).

Furthermore, RLUSD has been approved by the DFSA for use by companies operating within the DIFC, facilitating its use in regulated activities such as payments and treasury management.

Broader Regulatory Landscape: DeFi and Web3 Oversight

The UAE has recently enacted a comprehensive central bank law bringing decentralized finance (DeFi) and much of the Web3 sector under formal regulatory oversight. Federal Decree Law No. 6 of 2025, effective since September 2025, mandates that protocols, platforms, and infrastructure providers involved in payments, lending, custody, exchanges, or investment services obtain licenses from the Central Bank of the UAE by September 2026.


Risk Warning: This article is provided for informational purposes only and does not constitute investment advice, investment research, or a recommendation to trade. The views expressed are those of the author and do not necessarily reflect the position of Markets.com. When considering shares, indices, forex (foreign exchange), and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and may not be suitable for all investors. Leveraged products can result in capital loss. Past performance is not indicative of future results. Before trading, ensure you fully understand the risks involved and consider your investment objectives and level of experience. Cryptocurrency CFD trading restrictions may apply depending on jurisdiction.

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