The Dubai Financial Services Authority (DFSA) has approved Ripple’s RLUSD stablecoin, paving the way for its use within the Dubai International Financial Centre (DIFC). This development signals growing acceptance of stablecoins in the region and Ripple’s expanding global footprint.
Tag: Stablecoin
Crypto Lobby Urges Senate to Pass Stablecoin Bill Without Amendments: Impact on Market?
Crypto lobbying groups are pushing the US Senate to pass the GENIUS Act, a stablecoin-regulating bill, without amendments. This move aims for swift progress, but faces potential roadblocks. Here’s a breakdown of the situation and its implications.
BCP Launches FCA-Registered British Pound Stablecoin: A New Era for GBP in Crypto?
BCP Technologies, a UK-registered crypto firm, has launched its British pound-backed stablecoin (tGBP). This move could signal a new phase for GBP within the crypto space and influence future stablecoin regulations.
Ripple’s RLUSD Stablecoin Gets Green Light in Dubai: What This Means for Global Crypto Adoption
The Dubai Financial Services Authority (DFSA) has approved Ripple’s RLUSD stablecoin for use within the Dubai International Financial Centre (DIFC). This move signals growing acceptance of crypto innovation in the region and has broader implications for Ripple and the stablecoin market.
Tether’s XAUt Goes Omnichain on TON: What This Means for Gold-Backed Crypto
Tether expands its gold-backed stablecoin XAUt to the TON blockchain using LayerZero’s technology. This move could impact the adoption and accessibility of tokenized gold.