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USDT issuer Tether has been awarded a key regulatory standing in Abu Dhabi, opening the door for licensed establishments to make use of its stablecoin in regulated companies throughout a number of blockchain networks.
In a current announcement, Tether mentioned that its USDT token has been formally acknowledged as an “accepted fiat-referenced token.”
The corporate mentioned that the milestone implies that regulated companies inside the Abu Dhabi International Market (ADGM) can supply buying and selling, custody and different companies involving USDT on a number of blockchains, together with Aptos, Celo, Cosmos, Kaia, Close to, Polkadot, Tezos, TON, and TRON.
Tether’s USD₮ Recognised as Accepted Fiat-Referenced Token in Abu Dhabi’s ADGM for Use on A number of Main BlockchainsLearn extra: https://t.co/PKmF7w5aUx
— Tether (@Tether_to) December 8, 2025
The ADGM features as a particular financial zone and worldwide monetary heart within the UAE capital, and operates below its personal regulatory and authorized system.
The current approval builds on ADGM’s earlier recognition of USDT on Ethereum, Solana, and Avalanche.
Tether mentioned in its assertion that the current recognition will create “recent alternatives for collaboration and development all through the Center East.”
ADGM Approval Reinforces Position Of Stablecoins In Fashionable Monetary System, Tether CEO Says
Stablecoins are digital belongings which are pegged to an underlying asset, normally fiat currencies such because the US greenback.
2025 has seen sturdy development within the stablecoin market, with the house’s collective capitalization breaking by means of $300 billion for the primary time in historical past this 12 months.
Stablecoin market cap (Supply: DefiLlama)
That development was largely because of the friendlier regulatory local weather within the US and the July signing of the GENIUS Act into regulation by President Donald Trump.
The regulatory readability gained from the GENIUS Act’s signing has led to a stablecoin frenzy, with a number of companies saying plans to launch or discover stablecoins.
Tether’s USDT maintains a dominant place. With its capitalization of greater than $185.737 billion, the token accounts for roughly 60.12% of the stablecoin market.
Commenting on the newest ADGM approval, Tether’s CEO Paolo Ardoino mentioned that “introducing USDT inside ADGM’s regulated digital asset framework reinforces the position of stablecoins as important parts of at present’s monetary panorama.”
“By extending recognition to USDT on a number of main blockchains, ADGM additional strengthens Abu Dhabi’s place as a worldwide hub for compliant digital finance,” he added.
Abu Dhabi Goals To Develop into DeFi Hub, Targets Stablecoins
Tether’s USDT shouldn’t be the one stablecoin that’s busy gaining traction in Abu Dhabi.
Just lately, native regulators additionally permitted Ripple’s RLUSD dollar-pegged stablecoin as an accepted fiat-referenced token. This cleared the best way for its institutional use as properly.
The current approvals come amid rising expectations round a separate initiative that’s backed by a few of the largest monetary gamers in Abu Dhabi.
A consortium of gamers together with the emirate’s sovereign wealth fund ADQ, Worldwide Holding Firm, and First Abu Dhabi Financial institution has introduced plans for a dirham-pegged stablecoin, pending approval from the UAE Central Financial institution.
Abu Dhabi has additionally began a broader push to grow to be a worldwide crypto hub. Simply yesterday, Binance, the most important crypto alternate by 24-hour buying and selling volumes, disclosed that it has secured full authorization to function its international platform inside the ADGM framework.
“ADGM is without doubt one of the most revered monetary regulators globally, and holding an FSRA license below their gold customary framework reveals that Binance meets the best worldwide requirements for compliance, governance, danger administration, and shopper safety,” mentioned Binance Co-CEO Richard Teng.
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