Ripple's USD-backed stablecoin, RLUSD, has received approval from the Abu Dhabi Financial Services Regulatory Authority (FSRA) as an "approved fiat-pegged token." This recognition allows RLUSD to be used within the Abu Dhabi Global Market (ADGM), a prominent international financial center in the UAE's capital. The approval marks a significant step for Ripple in expanding its stablecoin's utility and presence in the Middle East.