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Ripple’s RLUSD Stablecoin Scores Dubai Regulatory Green Light—Because the World Needed Another Dollar-Pegged Crypto

Ripple’s RLUSD Stablecoin Scores Dubai Regulatory Green Light—Because the World Needed Another Dollar-Pegged Crypto

Author:
CoindeskEN
Published:
2025-06-03 08:15:58
19
2

Ripple’s Stablecoin, RLUSD, Gets Stamp of Approval in Dubai

Dubai’s financial watchdog just handed Ripple a win—its RLUSD stablecoin got the nod. Because nothing says ’innovation’ like replicating Tether’s playbook with extra steps.

The move signals Ripple’s pivot into the $150B stablecoin arena, where ’trust us’ is still the most compelling whitepaper section. Meanwhile, traditional finance shrugs and sips its overpriced coffee.

|Square

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