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TechFlow, November 27 — According to Cointelegraph, Ripple's U.S. dollar stablecoin RLUSD has been recognized by the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority as an "acceptable fiat reference token." This approval allows regulated entities within ADGM to use RLUSD for compliant financial activities such as payments and fund management.
According to Cointelegraph, Ripple's dollar-pegged stablecoin RLUSD has been recognized by the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority as an "acceptable fiat reference token." This approval allows regulated entities within ADGM to use RLUSD for compliant financial activities such as payments and fund management.
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