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Saved February 14, 2026
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Tether's USDT stablecoin has been recognized by Abu Dhabi Global Market for use across nine major blockchains, allowing licensed institutions to conduct regulated activities with USDT. This move enhances USDT's presence in the UAE's financial sector and supports its role in digital finance.
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Tether's USDT stablecoin has received regulatory approval from the Abu Dhabi Global Market (ADGM) to operate as an accepted fiat-referenced token across nine major blockchains. This move allows licensed participants within ADGM's financial free zone to engage in regulated activities involving USDT across networks like Aptos, Celo, Cosmos, and others. The recognition builds on previous approvals for USDT on Ethereum, Solana, and Avalanche, signaling Tether's commitment to expanding its presence in the UAE's financial landscape.
ADGM serves as a specialized economic zone with its own regulatory framework, and the Financial Services Regulatory Authority (FSRA) oversees operations within it. The approval is expected to enhance liquidity and interoperability for trading and decentralized applications involving USDT. Tether's CEO, Paolo Ardoino, emphasized the importance of stablecoins in modern finance and noted that this recognition reinforces Abu Dhabi's status as a global hub for compliant digital finance.
Coinciding with Tether's announcement, Binance revealed it has secured full authorization to operate under the ADGM framework. The exchange plans to function through three licensed entities, enabling regulated trading and custody. Binance Co-CEO Richard Teng highlighted the significance of ADGM's reputation for compliance and consumer protection, indicating that Binance's operations are set to begin on January 5, 2026. This regulatory momentum in Abu Dhabi reflects a broader trend of increasing institutional acceptance of cryptocurrencies in the region.
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