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🏛 Dubai Just Set the Rules for Stablecoins — And the Signal Is Clear
Ripple’s RLUSD has been approved for use inside DIFC under DFSA oversight.
So far, only three stablecoins meet Dubai’s framework:
• USDC
• EURC
• RLUSD
What’s excluded matters just as much: privacy coins, algorithmic stablecoins, and crypto-backed reserves are all out. Only fully backed, transparent models qualify.
The takeaway: Dubai isn’t restricting crypto — it’s filtering it.
Institutional capital follows clarity, and this framework is built for it.