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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.

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Tether's USDT Breaks New Ground in Abu Dhabi's Financial Hub

Tether announced that the company has received official recognition for its USDT USDT $0.9992 token within Abu Dhabi’s financial regulatory system, according to a press release on December 8.

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 APT $1.79 , Celo CELO $0.1661 , Cosmos ATOM $2.22 , Near NEAR $1.73 , Polkadot DOT $2.11 , TON TON $1.63 , and TRON TRX $0.2809 .

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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.

Tether recently disclosed its participation in a €70 million (about $81 million) funding round for Generative Bionics. What is the goal of the funding? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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