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

MarsBitNews

According to reports from Mars Finance, Ripple has 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 the capital of the United Arab Emirates (UAE).

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