It is with great pleasure, and perhaps a hint of disbelief, that we announce Tether’s USDT has received the coveted status of an “Accepted Fiat-Referenced Token” in Abu Dhabi’s distinguished ADGM. This honour extends across a rather impressive list of blockchain networks: Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON. Yes, indeed, USDT has expanded its reach once again!
USDT: Not Just a Token, But a Star!
In the latest bit of financial drama, the Abu Dhabi Global Market (ADGM) has graciously conferred upon Tether’s USDT the official title of “Accepted Fiat-Referenced Token,” enabling it to flaunt its versatility across various blockchain networks. These include, but are certainly not limited to, Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON. Just to clarify, this means licensed institutions in the region are now allowed to conduct regulated activities using USDT. Fancy that!
Paolo Ardoino, the CEO of Tether, waxed poetic about the UAE’s digital asset regulations, stating, “The UAE continues to set the global standard for digital asset regulation, and Tether is proud to contribute to this leadership.” How very magnanimous of him. Clearly, Tether’s commitment to global financial inclusion knows no bounds-because why would it?
Previously, ADGM had only recognised USDT on Ethereum, Solana, and Avalanche, which, to be fair, is a rather prestigious list. But now, with the new recognition, USDT is poised to revolutionise cross-border payments, institutional custody, and settlement services. It’s almost as if the financial world is holding its breath, awaiting the magic of USDT.
What’s more, this multi-chain recognition enhances USDT’s interoperability, which means it can function as a global settlement asset across various decentralized applications. How utterly convenient! And, of course, it’s all compliant with the AFRT standards and the safeguards of the Financial Services Regulatory Authority (FSRA). A delicate balance of financial innovation and cautious oversight, I daresay.
In conclusion, this remarkable partnership between Tether and the UAE is yet another step towards integrating blockchain technology into a robust and carefully regulated financial ecosystem. “The inclusion of USDT within this framework enhances liquidity, interoperability, and the diversity of blockchain infrastructure available to users and institutions operating in the region,” the company proudly declares. Who could disagree?
As for USDT itself, it continues to reign as the world’s most widely circulated stablecoin. This milestone, of course, is a momentous one, as stablecoins gain wider acceptance in the more conventional, regulated financial markets. A toast to progress-or perhaps, to financial innovation, dear reader. 🥂
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2025-12-10 14:21