user-avatar
Michaela

ADGM Grants AFRT Status to Tether’s USDT for Regulated Multi-Chain Use

Tether said Abu Dhabi Global Market has recognized USDT as an Accepted Fiat-Referenced Token, allowing institutions licensed by the Financial Services Regulatory Authority to use the stablecoin for regulated services on multiple blockchains. The designation is intended to enhance interoperability, liquidity, and cross-border settlement, while strengthening the UAE’s oversight of digital assets, according to Tether.