The post Tether’s USD₮ Gains Recognition as Fiat-Referenced Token in Abu Dhabi’s ADGM appeared on BitcoinEthereumNews.com. Terrill Dicki Dec 10, 2025 15:05 The post Tether’s USD₮ Gains Recognition as Fiat-Referenced Token in Abu Dhabi’s ADGM appeared on BitcoinEthereumNews.com. Terrill Dicki Dec 10, 2025 15:05

Tether’s USD₮ Gains Recognition as Fiat-Referenced Token in Abu Dhabi’s ADGM



Terrill Dicki
Dec 10, 2025 15:05

Tether’s USD₮ has been recognized as an Accepted Fiat-Referenced Token in Abu Dhabi’s ADGM, enhancing its regulatory coverage across major blockchains.

Tether, a leading entity in the digital assets industry, has achieved a significant milestone with its USD₮ stablecoin being recognized as an Accepted Fiat-Referenced Token (AFRT) within the Abu Dhabi Global Market (ADGM), according to Tether. This recognition permits Authorised Persons, licensed by the Financial Services Regulatory Authority (FSRA) of ADGM, to engage in Regulated Activities involving USD₮ across a range of blockchain networks such as Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON.

ADGM’s Strategic Recognition

This development follows sustained engagements with the FSRA, showcasing Tether’s commitment to resilience, transparency, and a compliance-oriented operational model. The recognition marks a pivotal step for expanding the accessibility of USD₮, the most widely utilized stablecoin globally, across multiple blockchain platforms.

Paolo Ardoino, CEO of Tether, emphasized the UAE’s leadership in setting global standards for digital asset regulation, stating, “This milestone highlights Tether’s dedication to advancing financial inclusion and innovation on a global scale. Introducing USD₮ within ADGM’s regulated digital asset framework reinforces the role of stablecoins as essential components of today’s financial landscape.”

Expanding Blockchain Coverage

This approval builds upon ADGM’s previous acceptance of USD₮ on Ethereum, Solana, and Avalanche, extending its regulatory coverage significantly. It underscores ADGM’s forward-thinking approach, establishing a comprehensive multi-chain foundation for USD₮ within one of the world’s most respected digital asset jurisdictions. This strategic move enables ADGM Authorised Persons to support a broader spectrum of blockchain networks.

With this recognition, Tether now sees USD₮ approved for use on nearly all major blockchains it supports, enhancing the token’s interoperability within the global financial system. This facilitates USD₮’s function as a reliable settlement asset for both trading and decentralized applications, while adhering to the AFRT criteria and safeguards instituted by the FSRA.

Implications for the UAE’s Financial Ecosystem

Tether’s ongoing collaboration within ADGM aligns with the UAE’s broader strategy to integrate blockchain technology into its financial ecosystem, while ensuring robust oversight and investor protection. The inclusion of USD₮ within this framework boosts liquidity, interoperability, and diversifies the blockchain infrastructure accessible to users and institutions within the region.

This multi-chain approval not only enhances financial access but also demonstrates the potential for collaboration between innovators and regulators to expand financial inclusion without compromising on compliance or security.

Image source: Shutterstock

Source: https://blockchain.news/news/tether-usdt-gains-recognition-fiat-referenced-token-abudhabi-adgm

Market Opportunity
GAINS Logo
GAINS Price(GAINS)
$0.0137
$0.0137$0.0137
-0.07%
USD
GAINS (GAINS) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

X to cut off InfoFi crypto projects from accessing its API

X to cut off InfoFi crypto projects from accessing its API

X, the most widely used app for crypto projects, is changing its API access policy. InfoFi projects, which proliferated non-organic bot content, will be cut off
Share
Cryptopolitan2026/01/16 02:50
X Just Killed Kaito and InfoFi Crypto, Several Tokens Crash

X Just Killed Kaito and InfoFi Crypto, Several Tokens Crash

The post X Just Killed Kaito and InfoFi Crypto, Several Tokens Crash appeared on BitcoinEthereumNews.com. X has revoked API access for apps that reward users for
Share
BitcoinEthereumNews2026/01/16 03:42
China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

The post China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise appeared on BitcoinEthereumNews.com. China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise China’s internet regulator has ordered the country’s biggest technology firms, including Alibaba and ByteDance, to stop purchasing Nvidia’s RTX Pro 6000D GPUs. According to the Financial Times, the move shuts down the last major channel for mass supplies of American chips to the Chinese market. Why Beijing Halted Nvidia Purchases Chinese companies had planned to buy tens of thousands of RTX Pro 6000D accelerators and had already begun testing them in servers. But regulators intervened, halting the purchases and signaling stricter controls than earlier measures placed on Nvidia’s H20 chip. Image: Nvidia An audit compared Huawei and Cambricon processors, along with chips developed by Alibaba and Baidu, against Nvidia’s export-approved products. Regulators concluded that Chinese chips had reached performance levels comparable to the restricted U.S. models. This assessment pushed authorities to advise firms to rely more heavily on domestic processors, further tightening Nvidia’s already limited position in China. China’s Drive Toward Tech Independence The decision highlights Beijing’s focus on import substitution — developing self-sufficient chip production to reduce reliance on U.S. supplies. “The signal is now clear: all attention is focused on building a domestic ecosystem,” said a representative of a leading Chinese tech company. Nvidia had unveiled the RTX Pro 6000D in July 2025 during CEO Jensen Huang’s visit to Beijing, in an attempt to keep a foothold in China after Washington restricted exports of its most advanced chips. But momentum is shifting. Industry sources told the Financial Times that Chinese manufacturers plan to triple AI chip production next year to meet growing demand. They believe “domestic supply will now be sufficient without Nvidia.” What It Means for the Future With Huawei, Cambricon, Alibaba, and Baidu stepping up, China is positioning itself for long-term technological independence. Nvidia, meanwhile, faces…
Share
BitcoinEthereumNews2025/09/18 01:37