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