RLUSD Breaks $300M Supply Barrier as Ripple Locks In UAE Support

Ripple's stablecoin RLUSD hits a staggering $300 million in circulation—just as the payments giant secures a heavyweight endorsement from the UAE.

From Sand Dunes to Stablecoins

The Middle Eastern nod gives RLUSD serious regulatory street cred, proving even oil-rich sheikhs are betting on crypto's future. Meanwhile, Wall Street still can't decide if blockchain is 'the next internet' or a Ponzi scheme.

Supply Shock

That $300M milestone isn't just a number—it's a middle finger to the 'stablecoins are dead' crowd. RLUSD's growth suggests institutions might actually be using crypto for, you know, payments. Revolutionary.

Ripple's playing chess while others play checkers: securing geopolitical allies while the SEC keeps suing everyone in sight. Cynics will say $300M is pocket change for Tether—but Rome wasn't built in a day.

UAE approval opens new distribution channel

The fresh issuance arrived days after the Dubai Financial Services Authorityinside the Dubai International Financial Centre. 

Ripple plans to integrate the stablecoin with its DFSA-licensed payments platform, enabling up to 7,000 locally regulated firms to settle transactions in the token.

Ripple’s managing director for the Middle East and Africa, Reece Merrick, said demand for digital-asset settlement and custody is growing “fast across the region” and called the UAE’s digital economy “vibrant and dynamic.” 

The DFSA nod grants RLUSD both US and international regulatory recognition, positioning the coin alongside USDT and USDC, which already operate in the emirate.

The stablecoin is also in Ripple’s roadmap following the acquisition of the prime brokerage platform Hidden Road. The crypto firm willservices as part of its $1.25 billion deal.