Abu Dhabi’s ADGM Just Approves Ripple’s RLUSD as Fiat-Referenced Token

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Story Highlights* Abu Dhabi (ADGM) approval now allows licensed firms to use Ripple’s RLUSD stablecoin in regulated services.

  • Ripple expands across Middle East with partnerships in Bahrain, UAE, and onboarding Absa Bank Africa.
  • Ripple’s RLUSD already crossed $1.02 billion market cap, backed fully 1:1 with US dollars.
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