TechFlow news, June 3 — According to CoinDesk, Ripple’s U.S. dollar stablecoin RLUSD has been approved by the Dubai Financial Services Authority (DFSA) for use within the Dubai International Financial Centre (DIFC). Ripple stated that the approval will facilitate the integration of RLUSD into its payment platform and may enable adoption by other DFSA-registered entities. RLUSD is backed 1:1 by highly liquid U.S. dollar assets and undergoes third-party audits.
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