Ripple’s USD-backed stablecoin, RLUSD, has received formal regulatory approval from the Financial Services Regulatory Authority (FSRA) for use inside the Abu Dhabi Global Market (ADGM). The designation allows FSRA-licensed institutions to integrate RLUSD into regulated financial activities, including payments, collateral operations, and settlement processes within the international financial center.
source: https://www.ethnews.com/ripples-stablecoin-secures-regulatory-approval-in-abu-dhabi-expanding-use-across-the-uae/