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USDT issuer Tether has been awarded a key regulatory standing in Abu Dhabi, opening the door for licensed establishments to make use of its stablecoin in regulated companies throughout a number of blockchain networks.
In a current announcement, Tether mentioned that its USDT token has been formally acknowledged as an “accepted fiat-referenced token.”
The corporate mentioned that the milestone implies that regulated corporations inside the Abu Dhabi International Market (ADGM) can provide buying and selling, custody and different companies involving USDT on a number of blockchains, together with Aptos, Celo, Cosmos, Kaia, Close to, Polkadot, Tezos, TON, and TRON.
Tether’s USD₮ Recognised as Accepted Fiat-Referenced Token in Abu Dhabi’s ADGM for Use on A number of Main Blockchains
Be taught extra: https://t.co/PKmF7w5aUx— Tether (@Tether_to) December 8, 2025
The ADGM features as a particular financial zone and worldwide monetary middle within the UAE capital, and operates beneath its personal regulatory and authorized system.
The current approval builds on ADGM’s earlier recognition of USDT on Ethereum, Solana, and Avalanche.
Tether mentioned in its assertion that the current recognition will create “contemporary alternatives for collaboration and progress all through the Center East.”
ADGM Approval Reinforces Position Of Stablecoins In Fashionable Monetary System, Tether CEO Says
Stablecoins are digital belongings which are pegged to an underlying asset, normally fiat currencies such because the US greenback.
2025 has seen robust progress within the stablecoin market, with the area’s collective capitalization breaking by $300 billion for the primary time in historical past this 12 months.
Stablecoin market cap (Supply: DefiLlama)
That progress was largely as a result of friendlier regulatory local weather within the US and the July signing of the GENIUS Act into legislation by President Donald Trump.
The regulatory readability gained from the GENIUS Act’s signing has led to a stablecoin frenzy, with a number of corporations asserting plans to launch or discover stablecoins.
Tether’s USDT maintains a dominant place. With its capitalization of greater than $185.737 billion, the token accounts for roughly 60.12% of the stablecoin market.
Commenting on the most recent ADGM approval, Tether’s CEO Paolo Ardoino mentioned that “introducing USDT inside ADGM’s regulated digital asset framework reinforces the function of stablecoins as important elements of at present’s monetary panorama.”
“By extending recognition to USDT on a number of main blockchains, ADGM additional strengthens Abu Dhabi’s place as a worldwide hub for compliant digital finance,” he added.
Abu Dhabi Goals To Change into DeFi Hub, Targets Stablecoins
Tether’s USDT is just not the one stablecoin that’s busy gaining traction in Abu Dhabi.
Just lately, native regulators additionally accredited Ripple’s RLUSD dollar-pegged stablecoin as an accepted fiat-referenced token. This cleared the way in which for its institutional use as nicely.
The current approvals come amid rising expectations round a separate initiative that’s backed by a number of the largest monetary gamers in Abu Dhabi.
A consortium of gamers together with the emirate’s sovereign wealth fund ADQ, Worldwide Holding Firm, and First Abu Dhabi Financial institution has introduced plans for a dirham-pegged stablecoin, pending approval from the UAE Central Financial institution.
Abu Dhabi has additionally began a broader push to develop into a worldwide crypto hub. Simply yesterday, Binance, the most important crypto alternate by 24-hour buying and selling volumes, disclosed that it has secured full authorization to function its international platform inside the ADGM framework.
“ADGM is without doubt one of the most revered monetary regulators globally, and holding an FSRA license beneath their gold customary framework reveals that Binance meets the best worldwide requirements for compliance, governance, threat administration, and shopper safety,” mentioned Binance Co-CEO Richard Teng.
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