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Tether's USDT Breaks New Ground in Abu Dhabi's Financial Hub
Key Takeaways
- ADGM has officially recognized Tether’s USDT as an Accepted Fiat-Referenced Token, which allows regulated use in Abu Dhabi;
- FSRA-licensed firms can now offer USDT services on major blockchains like Aptos, Polkadot, TON, and TRON;
- Tether says the decision reflects its focus on compliance, innovation, and the expansion of digital finance in the Middle East.
Tether announced that the company has received official recognition for its USDT
The Abu Dhabi Global Market (ADGM) has classified USDT as an Accepted Fiat-Referenced Token (AFRT), which permits licensed institutions to use it in regulated financial activities.
Under this new status, companies approved by the Financial Services Regulatory Authority (FSRA) can offer USDT services across several blockchain networks. These include Aptos
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This decision follows an ongoing process between Tether and the FSRA to show that the company’s systems are stable, transparent, and compliant with local regulations.
Paolo Ardoino, CEO of Tether, said:
The UAE continues to set the global standard for digital asset regulation, and Tether is proud to contribute to this leadership.
The approval shows Tether’s commitment to expanding financial access and innovation. Ardoino noted that adding USDT to ADGM’s regulated system would strengthen the role of stablecoins, support regional cooperation, and reinforce Abu Dhabi’s importance in digital finance.
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