Particle.news
Download on the App Store
8 ARTICLES
·
yesterday

ADGM Designates USDT as Accepted Fiat‑Referenced Token Across Nine Blockchains

The designation lets FSRA‑licensed firms provide supervised USDT services across trading, custody, settlement and asset servicing inside the market.

tether-usdt
Abu dhabi’s adgm adds usdt to approved token list across major blockchains
Image

Overview

  • Tether’s USDT now carries ADGM recognition for regulated use on Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON and TRON.
  • The multi‑chain approval expands prior ADGM permissions limited to Ethereum, Solana and Avalanche.
  • Only authorized entities inside the Abu Dhabi Global Market can deploy USDT in regulated activities, under oversight from the FSRA.
  • The move follows ADGM recognition of Ripple’s RLUSD and full FSRA authorization for Binance, with regulated operations scheduled to start on January 5, 2026.
  • Tether CEO Paolo Ardoino welcomed the decision as validation of the UAE’s regulatory approach, as Abu Dhabi advances a supervised crypto hub and a separate dirham‑pegged stablecoin proposal awaits UAE Central Bank approval.