Ripple’s RLUSD Stablecoin Approved in Dubai, Becomes One of Few Globally Recognised by US and UAE Regulators

DFSA Approval Unlocks RLUSD Use In DIFC

Ripple’s stablecoin RLUSD has secured the Dubai Financial Services Authority’s nod for transactions within the Dubai International Financial Centre.

Having already gained authorisation from the New York Department of Financial Services, RLUSD now ranks among the few stablecoins worldwide with dual approval.

Each RLUSD token is backed 1:1 by segregated reserves and high-quality liquid assets, and the coin undergoes frequent third-party audits.

Designed specifically for enterprise-level use, it caters to institutions seeking compliant and stable cross-border payment solutions.

Why Are Firms Embracing Stablecoins?

The DIFC hosts close to 7,000 firms operating under stringent licensing requirements, and stablecoin usage in the UAE jumped 55% year-on-year in 2024.

As businesses hunt for faster settlement times and lower transaction fees, RLUSD’s entry into this ecosystem seems timely.

Institutions often hesitate over volatility and unclear regulatory frameworks, but a fully audited, reserve-backed coin like RLUSD offers the predictability that financial services players demand.

How Will RLUSD Integrate With Ripple’s Network?

With DFSA approval, Ripple can weave RLUSD into its Dubai-based, DFSA-licensed payments platform—leveraging the XRP Ledger to connect a global payout network.

This integration promises to reduce transaction costs and speed up settlement cycles, all under a recognised regulatory umbrella.

Jack McDonald, Ripple’s Senior Vice President of Stablecoins,

“The DFSA’s approval of RLUSD is proof of our commitment to building a stablecoin that meets the highest standards of trust, transparency, and utility.”

Which Partnerships Are Accelerating Ripple’s Expansion?

Ripple’s regional push is already in motion through collaborations with Zand Bank and fintech firm Mamo, both tapping into Ripple’s regulated payment rails.

On another front, Ripple is teaming up with the Dubai Land Department and Ctrl Alt to tokenise property deeds on the XRP Ledger.

Since its launch in December 2024, RLUSD has been available on both the XRPL and Ethereum networks.

Looking ahead, the stablecoin is set to integrate into Cardano’s decentralised finance ecosystem and serve as collateral on Hidden Road’s institutional platform, which clears over $3 trillion annually.

Reece Merrick, Ripple’s Managing Director for the Middle East and Africa, said,

“The UAE continues to set a global benchmark for forward-thinking digital asset regulation and innovation.”

Could XRP Price Rise Further On This News?

Following the announcement of RLUSD’s approval, XRP has seen a modest boost, currently trading at $2.19—a 1.66% increase over the past 24 hours.

For a clear bullish trend to take hold, XRP will need to break through the $2.23 resistance level.

While the regulatory endorsement of RLUSD could provide positive momentum, whether this will trigger a sustained rally throughout June 2025 remains uncertain.