🏛 Dubai Sets a Clear Standard for Stablecoins — and the Signal Is Strong
Dubai has taken a decisive step in defining its stablecoin framework. Ripple’s RLUSD has been officially approved for use within the Dubai International Financial Centre, following authorization from the Dubai Financial Services Authority.
Under the new framework, only three stablecoins are recognized:
• USDC
• EURC
• RLUSD
The rules are intentionally strict:
• Privacy-focused coins are excluded
• Algorithmic stablecoins are not permitted
• Reserves backed by crypto or private credit are disallowed
Only fully backed, transparent, and institutionally compliant stablecoins qualify.
The broader message is clear: Dubai is not anti-crypto — it is anti-uncertainty. Projects that meet regulatory clarity and institutional standards are the ones earning long-term access to major financial hubs.
