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
Per feedback o dubbi su questo contenuto, contattateci all'indirizzo crypto.news@mexc.com.
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
Opportunità di mercato
Valore TokenFi (TOKEN)
$0.003017
$0.003017$0.003017
USD
Grafico dei prezzi in tempo reale di TokenFi (TOKEN)
Disclaimer: gli articoli ripubblicati su questo sito provengono da piattaforme pubbliche e sono forniti esclusivamente a scopo informativo. Non riflettono necessariamente le opinioni di MEXC. Tutti i diritti rimangono agli autori originali. Se ritieni che un contenuto violi i diritti di terze parti, contatta crypto.news@mexc.com per la rimozione. MEXC non fornisce alcuna garanzia in merito all'accuratezza, completezza o tempestività del contenuto e non è responsabile per eventuali azioni intraprese sulla base delle informazioni fornite. Il contenuto non costituisce consulenza finanziaria, legale o professionale di altro tipo, né deve essere considerato una raccomandazione o un'approvazione da parte di MEXC.
Potrebbe anche piacerti
Bitcoin Could Surge to $95,894, Analyst Makes Bold Prediction
The post Bitcoin Could Surge to $95,894, Analyst Makes Bold Prediction appeared on BitcoinEthereumNews.com. Bitcoin at $95,000, how soon? Bitcoin slips back to $
Condividi
BitcoinEthereumNews2026/03/15 12:30
Egrag Crypto: XRP Could be Around $6 or $7 by Mid-November Based on this Analysis
Egrag Crypto forecasts XRP reaching $6 to $7 by November. Fractal pattern analysis suggests a significant XRP price surge soon. XRP poised for potential growth based on historical price patterns. The cryptocurrency community is abuzz after renowned analyst Egrag Crypto shared an analysis suggesting that XRP could reach $6 to $7 by mid-November. This prediction is based on the study of a fractal pattern observed in XRP’s past price movements, which the analyst believes is likely to repeat itself in the coming months. According to Egrag Crypto, the analysis hinges on fractal patterns, which are used in technical analysis to identify recurring market behavior. Using the past price charts of XRP, the expert has found a certain fractal that looks similar to the existing market structure. The trend indicates that XRP will soon experience a great increase in price, and the asset will probably reach the $6 or $7 range in mid-November. The chart shared by Egrag Crypto points to a rising trend line with several Fibonacci levels pointing to key support and resistance zones. This technical structure, along with the fractal pattern, is the foundation of the price forecast. As XRP continues to follow the predicted trajectory, the analyst sees a strong possibility of it reaching new highs, especially if the fractal behaves as expected. Also Read: Why XRP Price Remains Stagnant Despite Fed Rate Cut #XRP – A Potential Similar Set-Up! I've been analyzing the yellow fractal from a previous setup and trying to fit it into various formations. Based on the fractal formation analysis, it suggests that by mid-November, #XRP could be around $6 to $7! Fractals can indeed be… pic.twitter.com/HmIlK77Lrr — EGRAG CRYPTO (@egragcrypto) September 18, 2025 Fractal Analysis: The Key to XRP’s Potential Surge Fractals are a popular tool for market analysis, as they can reveal trends and potential price movements by identifying patterns in historical data. Egrag Crypto’s focus on a yellow fractal pattern in XRP’s price charts is central to the current forecast. Having contrasted the market scenario at the current period and how it was at an earlier time, the analyst has indicated that XRP might revert to the same price scenario that occurred at a later cycle in the past. Egrag Crypto’s forecast of $6 to $7 is based not just on the fractal pattern but also on broader market trends and technical indicators. The Fibonacci retracements and extensions will also give more insight into the price levels that are likely to be experienced in the coming few weeks. With mid-November in sight, XRP investors and traders will be keeping a close eye on the market to see if Egrag Crypto’s analysis is true. If the price targets are reached, XRP could experience one of its most significant rallies in recent history. Also Read: Top Investor Issues Advance Warning to XRP Holders – Beware of this Risk The post Egrag Crypto: XRP Could be Around $6 or $7 by Mid-November Based on this Analysis appeared first on 36Crypto.
Condividi
Coinstats2025/09/18 18:36
Scallop completed the full formal verification performed by Asymptotic.
PANews reported on March 15th that Scallop Lend has completed a comprehensive formal verification conducted by Asymptotic (Mysten Labs' official audit partner).
Condividi
PANews2026/03/15 11:49