Tether’s USDT Stablecoin Wins Multi-Chain Approval in Abu Dhabi
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Tether's USDT has received AFRT status from Abu Dhabi Global Market, enabling licensed firms to use it for regulated activities across various blockchains like Aptos, Celo, and Polkadot. This recognition paves the way for increased adoption and regulatory clarity in the crypto space.
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Stablecoin issuer Tether announced that USDT issued on several major blockchains has been recognised as an Accepted Fiat-Referenced Token (AFRT) within the Abu Dhabi Global Market (ADGM).
The designation allows firms licensed by the ADGM’s Financial Services Regulatory Authority (FSRA) to conduct regulated activities involving USDT on Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and Tron blockchain networks.
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In This News
Coins
$ 0.351
+1.07%$ 0.9986
0%$ 0.316
-4.62%$ 1.16
-2.01%$ 1.93
+3.98%Predictions Markets
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