The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) has granted regulatory approval to Ripple's RLUSD stablecoin, marking a significant milestone for the company's expansion in the Middle East. The approval, which was finalized in November 2025, officially classifies RLUSD as an accepted fiat-referenced token.
This regulatory green light permits licensed firms operating within the ADGM jurisdiction to utilize RLUSD for payments, list it for trading on exchanges, and hold it in secure custody. This move integrates RLUSD into a regulated financial ecosystem alongside established stablecoins like Tether's USDT and Circle's USDC.
The approval is strategically important for Ripple, providing a clear regulatory framework for its operations and enhancing the token's credibility among institutional players. The ADGM is a key financial hub, hosting over 1,500 companies including fintech firms, exchanges, and banks. By aligning with the FSRA's standards, Ripple aims to foster a safer, regulated crypto environment in the region.
This development is expected to boost cross-border payments, trading, and broader adoption of digital assets within the United Arab Emirates. Furthermore, it sets a precedent for how other regulators might approach the integration of stablecoins with traditional finance, potentially paving the way for Ripple's expansion into other regions.
