- Dubai’s DFSA approved Ripple’s RLUSD stablecoin for use in the DIFC on June 3, 2025.
- Approval reinforces RLUSD as a trusted, NYDFS-chartered enterprise-grade stablecoin.
- RLUSD can now be used in Ripple’s DFSA-licensed payments and by other DIFC firms.
Dubai’s Financial Services Authority (DFSA) has officially recognized and approved Ripple’s stablecoin, RLUSD, as a crypto token usable within the Dubai International Financial Centre (DIFC).
Ripple announced this key regulatory green light on Tuesday, June 3, 2025. The company highlighted the achievement’s benefit and its potential contribution to broader digital asset development.
RLUSD: A Trusted, Enterprise-Grade Stablecoin
According to Ripple, the approval of RLUSD by the DFSA reinforces the crypto token’s position as a trusted enterprise-grade stablecoin, built with regulatory compliance, utility, and transparency at its core.
Ripple also views the DFSA’s RLUSD approval as another major step in the stablecoin’s growing adoption and its expansion into different financial ecosystems across the globe. The FinTech company noted that RLUSD remains one of the few stablecoins issued under the New York Department of Financial Services (NYDFS) Trust Company Charter. Ripple stated it specifically designed the stablecoin to meet the highest expectations of both regulators and institutional users.
Related: Ripple’s Blockchain Campaign Highlights RLUSD, Custody, and Global Reach
Ripple SVP: Approval Boosts Institutional Blockchain Use
According to Jack McDonald, Senior Vice President of Stablecoins at Ripple, the latest approval by the DFSA proves Ripple’s commitment to building a stablecoin that meets the highest standards of trust, transparency, and utility.
McDonald stated that the RLUSD is uniquely positioned to drive institutional use of blockchain technology across global markets, starting with cross-border payments.
Green Light for RLUSD Integration in DIFC Payment Solutions
With the latest recognition and approval, Ripple can integrate RLUSD into its DFSA-licensed flagship payments solution.
According to the FinTech firm, DFSA’s recognition would facilitate the combination of the stability of a trusted digital dollar with a scalable, blockchain-based infrastructure and Ripple’s extensive global payout network.
Related: RLUSD Listed on Bitget; Ripple’s Stablecoin Offers XRP Ledger, Ethereum Interoperability
Boosting Dubai’s Digital Asset Ecosystem
The approval also makes it possible for other DFSA-licensed firms operating within the DIFC to incorporate RLUSD into their own virtual assets services, boosting the stablecoin’s adoption.
Ripple believes this development will also support the wider integration of high-quality stablecoins into Dubai’s rapidly burgeoning digital assets and FinTech ecosystem.
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