XRP Soars After Dubai Greenlights Ripple’s RLUSD Stablecoin—Because What’s Crypto Without Regulatory Theater?

Ripple’s XRP pumps on regulatory win as Dubai’s Financial Services Authority (FSA) approves its dollar-pegged stablecoin—proving once again that nothing juicies up a crypto chart like bureaucratic rubber stamps.

The move signals Ripple’s deepening Middle East ambitions while giving traders yet another reason to ignore fundamentals and chase momentum. Because who needs organic adoption when you’ve got compliance buzzwords?

Now that Ripple has obtained regulatory approval for its stablecoin, it is able to integrate RLUSD into the DFSA-licensed payments platform, which uses the XRP Ledger to connect a global payout network. RLUSD provides key benefits like cheaper payment costs, faster settlement times, and regulatory clarity.

Dubai International Financial Centre hosts nearly 7,000 firms, providing access to RLUSD across various licensed VIRTUAL asset services.

With the recent approval, RLUSD has become one of only a handful of stablecoins which have received the regulatory green light from both the DFSA and the New York Department of Financial Services.

Launched in December 2024, RLUSD is available in both the XRP and ethereum (ETH) ecosystem. There are also plans to integrate the stablecoin into Cardano’s (ADA) ecosystem.

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