Tether USDT has been recognized by the Abu Dhabi Global Market (ADGM), supporting multi-chain applications

According to official news, Tether announced that its stablecoin USDT has been recognized by the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) as a "Fiat-Referenced Token" (AFRT).

This recognition extends to several major blockchain networks including Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON, marking another significant advancement following the previous approval for use on Ethereum, Solana, and Avalanche.