TLDR
Abu Dhabi Global Market (ADGM) recognized Tether USDt (USDT) as an Accepted Fiat?Referenced Token for regulated use across Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON, extending prior approvals on Ethereum, Solana, and Avalanche ADGM recognition.
- Nine new networks approved for regulated activity in ADGM, per official reports network list.
- Licensed firms in ADGM can offer trading and custody involving USDT regulatory status.
- This builds on earlier recognition for Ethereum, Solana, and Avalanche prior coverage.
Deep Dive
1. Networks Approved
ADGMs FSRA recognized USDT for regulated use on Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON, broadening its multi?chain footprint within the jurisdiction.
- The nine?chain approval is detailed in reporting that cites the regulators fiat?referenced token framework network list.
- The move formalizes USDTs status under ADGMs rules for fiat?referenced tokens ADGM recognition.
If you operate under ADGM oversight, USDT can be used on these chains within regulated services. Coverage varies by chain, so operational scope should match ADGM?licensed permissions.
2. What Recognition Enables
USDTs designation as an Accepted Fiat?Referenced Token allows ADGM?licensed firms to conduct regulated activities such as trading, custody, and settlement that involve USDT.
- Reports indicate licensed entities can integrate USDT across the approved networks for institutional services regulatory status.
- ADGMs framework is designed to support compliant digital asset operations with clear oversight ADGM recognition.
Within ADGM, exchanges, custodians, and service providers can use USDT in a supervised context. If youre building products there, this reduces regulatory friction for USDT integration.
3. Prior Recognition
This update extends earlier ADGM recognition of USDT on Ethereum, Solana, and Avalanche.
- The latest step builds on USDTs prior accepted status across these major networks prior coverage.
USDTs regulated footprint in ADGM is now broader. If your stack already uses Ethereum, Solana, or Avalanche, multi?chain expansion under the same regime is now possible.
Conclusion
ADGMs recognition places USDT on nine additional blockchains for regulated use, enabling ADGM?licensed firms to trade, custody, and settle with USDT across a wider technical base. The expansion builds on earlier approvals and strengthens Abu Dhabis position as a compliant digital asset hub ADGM recognition.
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