The Abu Dhabi Global Market (ADGM) has formally integrated Tether’s USDT stablecoin into its regulatory framework, recognizing it across numerous leading blockchain networks. This represents a notable advancement for Tether’s footprint in the area.
Per a statement issued Monday, licensed entities in the free zone are now permitted to undertake regulated activities with USDT on several networks, such as Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON.
This regulatory milestone is expected to significantly widen USDT’s accessibility within the UAE’s international financial center, supplementing previous clearances 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,” said Paolo Ardoino, CEO of Tether. “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 serves as a special economic zone and independent financial center in the UAE capital, operating under its own regulatory regime. Its Financial Services Regulatory Authority is the principal body granting licenses and supervision for zone participants.
Tether indicated that the recognition effectively permits ADGM-licensed institutions to handle regulated activities involving USDT on almost all supported blockchains. This multi-chain approach forms a foundation to improve liquidity and interoperability for trading, settlements, and dApps.
