Tether’s USDT Secures Multi-Blockchain Regulatory Nod in Abu Dhabi

Tether’s USDT has secured regulatory recognition as a sanctioned fiat-referenced token across various prominent blockchains from the Abu Dhabi Global Market (ADGM). This progression supports the firm’s campaign to broaden its regional influence.

In an announcement on Monday, Tether detailed that authorized persons licensed within the financial free zone may now conduct regulated activities utilizing USDT on networks like Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON.

The decision is anticipated to extend USDT’s penetration within the UAE’s key financial hub, adding to earlier approvals granted 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,” Paolo Ardoino, Tether’s CEO, noted in the statement. “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 acts as an international financial center and special economic zone in the UAE’s capital, with its own distinct legal and regulatory system. The zone’s Financial Services Regulatory Authority is the core regulator and licensing authority for firms operating there.

Notably, Tether stated this recognition allows licensed institutions in ADGM to engage with USDT across nearly all blockchains where it is available. This builds a multi-chain infrastructure intended to foster greater liquidity and interoperability for financial operations.