According to PANews, Ripple has announced that its USD-backed stablecoin, Ripple USD (RLUSD), has been recognized by the Abu Dhabi Financial Services Regulatory Authority (FSRA) as a 'recognized fiat-anchored token.' This designation allows RLUSD to be used within the Abu Dhabi Global Market (ADGM), the international financial center in the capital of the United Arab Emirates (UAE).