Tether Gains ADGM Approval to Use USDT Across Multiple Blockchains
Tether has secured approval from the Abu Dhabi Global Market (ADGM) to operate USDT across multiple blockchain networks within the free zone. The authorization permits on‑chain use and settlements via approved rails, giving the stablecoin formal acceptance in one of the Gulf's major financial hubs. ADGM’s sign‑off signals deeper regulatory engagement for USDT and reflects growing operational maturity in Tether’s global rollout.
The decision may attract trading desks, custodians and payment providers seeking regulated infrastructure, potentially increasing local liquidity and institutional on‑ramps in the UAE. For Tether, the approval is a strategic expansion that enhances interoperability in compliant markets; for ADGM, it strengthens Abu Dhabi’s positioning as a regional crypto center. Market observers will watch whether similar approvals follow in neighboring jurisdictions and how firms integrate USDT into regulated workflows.