Ripple's RLUSD has been approved for use as a recognized fiat-backed Token in the Abu Dhabi Global Market.

PANews November 27 news, according to official news, Ripple announced that its USD-backed stablecoin Ripple USD (RLUSD) has been recognized by the Abu Dhabi Financial Services Regulatory Authority (FSRA) as an “approved fiat-backed Token” and can be used within the Abu Dhabi Global Market (ADGM), the international financial center of Abu Dhabi, UAE.

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