Tether’s USDT Gains Formal Approval in Abu Dhabi’s Financial Hub

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Tether’s USDT stablecoin has achieved regulatory recognition as an accepted fiat-referenced token across multiple major blockchains within the Abu Dhabi Global Market (ADGM). This marks a significant step in the company’s strategy to grow its presence in the region.

According to a Monday statement, authorities now permit licensed entities in the financial free zone to conduct regulated activities using USDT on networks such as Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON.

This development is poised to expand USDT’s reach inside the UAE’s international financial center, following prior approvals for USDT on Ethereum, Solana and Avalanche.

“Introducing USDT within ADGM’s regulated digital asset framework reinforces the role of stablecoins as essential components of today’s financial landscape,” stated Paolo Ardoino, CEO of Tether. “By extending recognition to USDT on several major blockchains, ADGM further strengthens Abu Dhabi’s position as a global hub for compliant digital finance.”

ADGM operates as a special economic zone and international financial center in the UAE capital, maintaining its own legal and regulatory framework. Its Financial Services Regulatory Authority serves as the main regulator and licensing body for firms inside the zone.

Tether clarified that this recognition enables ADGM-licensed institutions to facilitate regulated activities with USDT on nearly all blockchains where the token exists. This creates a multi-chain foundation designed to boost liquidity and interoperability for trading, settlement, and decentralized applications.