It is close to the weekly transfer volume peak registered between April 21 and 27, when users moved $741 million using RLUSD.
Ripple mints RLUSD under a New York trust-company license and records each token against short-term Treasurys and cash held in regulated accounts.
The company burned no tokens during the measurement window, indicating net new creation rather than re-issuance of previously redeemed supply.
Ripple plans to integrate the stablecoin with its DFSA-licensed payments platform, enabling up to 7,000 locally regulated firms to settle transactions in the token.
Ripple’s managing director for the Middle East and Africa, Reece Merrick, said demand for digital-asset settlement and custody is growing “fast across the region” and called the UAE’s digital economy “vibrant and dynamic.”
The DFSA nod grants RLUSD both US and international regulatory recognition, positioning the coin alongside USDT and USDC, which already operate in the emirate.
