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Ripple’s stablecoin RLUSD has been approved by Dubai’s regulator for use in its Dubai International Financial Centre (DIFC), the Middle East’s leading international financial hub. “Another milestone as we expand our footprint in the DIFC and across the UAE,” Ripple said in response to the approval in a June 3 X post . RLUSD Could Soon Be Used By Nearly 7,000 Companies The approval means that RLUSD can be used by the nearly 7,000 Dubai Finanical Services Authority(DFSA)-regulated companies that operate in the DIFC, Ripple said in its announcement . Ripple added that the DFSA greenlight means the company can cater to the “huge interest from businesses of all sizes for cross-border payments and digital asset custody solutions“ in the Middle East and Africa (MEA) region.  The development also builds on the company’s growing footprint in the Middle East. Ripple’s recent partnerships include agreements with local banks and paym...

A Ripple XRP ETF may come in 2025, with experts suggesting the cryptocurrency could surge as much as 100% if the first ETF is approved. ETF analysts at Bloomberg have raised their odds of a Ripple XRP ETF being approved in 2025 to 85%. On the Polymarket platform, probabilities of approval before the end of 2025 also rose from 63% to 80% within a week. Odds have risen of the ETF seeing approval after the SEC went through a recent, more crypto-forward change of leadership. With Gary Gensler no longer in charge, the SEC now looks at cryptocurrency much more favorably. Approval of an ETF, coupled with strong technical signals, could attract significant flows and reposition the asset at the top of the crypto rankings. However, it will all depend on the regulatory timetable. It is extremely likely that XRP will surge in some capacity like Bitcoin and Ethereum once their ETFs got approval in 2024. Ripple XRP Price Prediction: Surge to Come After ETF Approval? Technical platforms like CoinCode...