Ripple’s RLUSD Hits Record High as UAE Opens the Door to Institutional Use
Ripple’s USD-backed stablecoin RLUSD has entered a brand new part of institutional development after being formally acknowledged by Abu Dhabi’s Financial Services Regulatory Authority (FSRA). This milestone unlocks regulated use inside the Abu Dhabi Global Market (ADGM). It coincides with RLUSD reaching a brand new all-time-high market capitalization of $1.261 billion in November, setting the…
