- The RLUSD received the approval for use in the VAR and gives Ripple the possibility of introducing blockchains for institutions.
- The use of stablecoins increases significantly in the emirates, due to clear laws and company demand for an efficient international payment system.
Ripple StableCoin Rlusd, was officially recognized by the Dubai Financial Services Authority (DFSA) and can therefore be used in the Dubai International Financial Center (DIFC). Ripple is one of the few StableCoin emitters worldwide who are officially approved in both the United Arab Emirates and in the United States.
Ripple USD is now a recognized crypto token under the DFSA’s regime in Dubai. RLUSD is:
Enterprise-grade
Another milestone as we expand our footprint in the DIFC and across the UAE.
https://t.co/uvNcpRZDRG
— Ripple (@Ripple) June 3, 2025
As part of the crypto token regulation of the DFSA, the RLUSD is now recognized as a compliant token for virtual asset services in the DIFC. This status allows companies with DFSA license to use the RLUSD for payments, bills and custody. The financial free trade zone DIFC houses almost 7,000 companies and is therefore a central point for economic and fintech activities in the emirates.
With the approval, Ripple can integrate the RLUSD into its licensed blockchain-based payment system in Dubai. The infrastructure is aimed at enabling cross -border financial transactions with less frictional losses. Recognition also opens the doors to other regulated institutions that RLUSD can take over for business processes that require a stable digital asset.
Conformity and control as the centerpiece
The RLUSD is 1: 1 covered by dollars, which are kept in high -quality liquid assets. The structure comprises a Strict reserve management, a separation of assets, independent exams by third parties and defined withdrawal processes. These characteristics correspond to the global regulatory expectations of stable coins that are used in institutional financing.
The emission of the stable coin as part of the NYDFS Trust Company Charter in the USA places him in a system that requires compliance with strict operational and financial standards. Double recognition by the DFSA and the NYDFS is a rare example of cross-border regulatory acceptance and strengthens the positioning of RLUSD as an instrument for blockchain transactions at the company level.
Jack McDonald, Head of StableCoins at Ripple, explained that the DFSA’s decision confirms the company’s regulatory approach in the development of RLUSD. Stablecoin is not designed as a retail product, but as a financial instrument for institutional applications with a high volume, especially for cross-border processing.
Demand for stable coins in the emirates increases
The use of stable coins has increased significantly in the VAE. Market data show that StableCoin transactions in the VAE rose by 55% compared to the previous year. However, analysts indicate several factors that contribute to this growth, including the interest of local banks, fintech startups and state-funded innovation programs.
With a foreign trade market worth over $ 400 billion, the VAE showed their commitment to the use of digital assets to rationalize payments and improve capital flow. Regulatory framework conditions such as the TOKEN regulation of the DFSA are considered essential for the promotion of responsible innovations in this sector.
The approval of the DFSA follows the recent announcements from Ripple to partnerships in the VAE, including with Zand Bank and Mamo. These institutions are among the first to implement RLUSD as part of their digital payment strategies under the supervision of the DFSA. In addition, Ripple works with the Dubai Land Department at an initiative for the tokenization of real estate, in which the XRP Ledger is used to modernize the registration processes for ownership documents.
Reece Merrick, Ripple’s managing directors for the Middle East and Africa, found a growing institutional interest in compliant digital asset solutions in the region. It referred to the digital economy in the Emirates as a driving force for increasing acceptance, especially in regulated environments.
No Comments