Ripple's US dollar stablecoin, $RLUSD, is now officially recognized under the crypto token regime of the Dubai Financial Services Authority (DFSA). The token is described by Ripple as compliant and designed for enterprise use and real-world utility.

DFSA Approves $RLUSD After $XRP

This move expands Ripple’s presence in the Dubai International Financial Centre (DIFC) and adds to the company's activities in the wider UAE market. The recognition of $RLUSD comes shortly after the DFSA approved Ripple’s digital asset, $XRP, for use within the DIFC.

🇦🇪🚨 Ripple USD is now a recognized crypto token under the DFSA’s regime in Dubai. $RLUSD is:

✅ Enterprise-grade
✅ Compliant
✅ Built for real utility

Another milestone as we expand our footprint in the DIFC and across the UAE.
🔗 https://t.co/uvNcpRZDRG

— Ripple (@Ripple) June 3, 2025

You may find it interesting at FinanceMagnates.com: SEC Begins Review of First Spot $XRP ETF Bid with WisdomTree Proposal.

With this approval, $XRP became the first virtual asset to be accepted under the DFSA’s virtual assets regime. Licensed firms operating within the DIFC can now integrate $XRP into their products and services.