Ripple’s RLUSD Stablecoin Gains Approval in Dubai, Set to Support Real Estate Tokenization

Ripple’s RLUSD stablecoin has received the green light from the Dubai Financial Services Authority (DFSA), paving the way for its use in the Dubai International Financial Centre (DIFC).

The approval means companies operating within the DIFC can now integrate RLUSD into a wide range of virtual asset services, from payments to treasury operations.

The DIFC—an autonomous financial hub serving the Middle East, Africa, and South Asia—hosts nearly 7,000 companies. Under its regulatory framework, only DFSA-approved digital assets can be used in official activities, making RLUSD one of the select few stablecoins authorized in this key jurisdiction.

Ripple highlighted growing interest from UAE-based firms in crypto adoption. Reece Merrick, the company’s regional managing director, noted that the region’s fast-evolving digital economy is creating demand for cross-border payment and digital asset solutions.

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Ripple is already collaborating with UAE-based fintechs like Zand and Mamo, who are expected to be among the first to utilize the RLUSD stablecoin.

The stablecoin will also play a role in Dubai’s broader blockchain ambitions. Specifically, RLUSD is set to support the Dubai Land Department’s initiative to tokenize real estate title deeds on the XRP Ledger. The DLD announced earlier this year that it had entered the pilot phase of this tokenization project, which will digitize and record property ownership using blockchain technology.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.