Ripple’s RLUSD stablecoin has officially been approved by the Dubai Financial Services Authority (DFSA), marking a major step for crypto use in the UAE’s property sector.
The approval allows RLUSD to be used by licensed companies in the Dubai International Financial Centre (DIFC) for a range of virtual asset services, including payments, treasury management, and real estate tokenization.
🏙️ RLUSD to Power Blockchain Real Estate
A key highlight of this development is RLUSD’s role in Dubai Land Department’s (DLD) initiative to tokenize real estate title deeds on the XRP Ledger. This blockchain-based system is designed to improve transparency, security, and efficiency in property ownership records.
DLD began its pilot phase for blockchain tokenization back in March 2024, aiming to digitize and register title deeds using Ripple’s technology. RLUSD will now be the payment and settlement layer behind this transformation.
💼 Ripple Taps Into UAE’s Booming Digital Economy
Ripple is doubling down on its Middle East expansion. According to Reece Merrick, Managing Director for MENA, the UAE is seeing “huge interest from businesses” in cross-border payments and crypto custody.
“The UAE’s digital economy is vibrant and incredibly dynamic,” said Merrick. “We’re seeing huge interest from businesses of all sizes.”
Ripple is already working with local players like:
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Zand (a digital bank)
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Mamo (a regional fintech platform)
These firms are expected to be early adopters of RLUSD for regulated payment services within the DIFC’s crypto ecosystem.
🌍 A Globally Regulated Stablecoin
The RLUSD stablecoin is now approved by both Dubai’s DFSA and New York’s Department of Financial Services (NYDFS). Few stablecoins have achieved this dual licensing milestone.
Ripple received a full operational license in the DIFC on March 13, 2025, enabling it to offer a wide range of virtual asset services in one of the world’s most crypto-friendly jurisdictions.
Under the DIFC’s crypto framework, only DFSA-recognized tokens can be used. This adds further legitimacy and regulatory backing to RLUSD’s use across payments, real estate, and treasury services.
🧠 Why This Matters
Ripple’s RLUSD is no longer just a payment token—it’s becoming a critical part of the UAE’s digital infrastructure. From tokenizing physical assets like real estate to enabling institutional-grade crypto services, this stablecoin could set a new standard for regulated crypto in the Middle East.
As Dubai pushes forward with its blockchain vision, Ripple is positioning itself at the heart of the transformation.
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