Tether’s USDT Gains Regulatory Recognition as Fiat-Referenced Token in Abu Dhabi Global Market

#cryptonews

Tether’s USDT stablecoin has secured regulatory recognition as an approved fiat-referenced token across a wide range of blockchains inside the Abu Dhabi Global Market (ADGM), marking another step in the UAE’s accelerating push to position itself as a global center for regulated digital assets.

These approvals expand on earlier recognition for USDT on Ethereum, Solana and Avalanche, broadening the stablecoin’s jurisdictional and technical reach across the region.

“Introducing USDT within ADGM’s regulated digital asset framework reinforces the role of stablecoins as essential components of today’s financial landscape,” he said, adding that extending recognition across multiple chains helps strengthen Abu Dhabi’s standing as a hub for compliant digital finance. ADGM operates as a special economic zone and international financial center with its own legal, regulatory and judicial system.

Paolo Ardoino, Tether’s CEO, said the move underscores the role of stablecoins in the modern financial system.

ADGM Move Validates Stablecoins’ Financial Importance