TLDR
Abu Dhabi Global Markets Financial Services Regulatory Authority approved Tether USDt (USDT) today as an Accepted Fiat?Referenced Token for regulated use in ADGM. See the ADGM recognition.
- Recognition covers multiple chains including Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON per the market report.
- Licensed firms in ADGM can offer regulated trading and custody involving USDT under the FSRA framework.
Deep Dive
1. Who Approved It
Todays approval came from Abu Dhabi Global Markets Financial Services Regulatory Authority (FSRA), designating USDT as an Accepted Fiat?Referenced Token within ADGMs regulated perimeter. This classification enables regulated institutions in ADGM to use USDT in approved services such as trading and custody, according to the ADGM notice coverage.
If you operate within ADGM, USDT is now clearly within a supervised framework. Outside ADGM, rules may differ; this is not a US or global approval.
2. Scope and Activities
The recognition explicitly extends to USDT on Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON, building on earlier approvals for Ethereum, Solana, and Avalanche so institutions can support more networks with one regulatory umbrella. See details in the multi?chain approval report.
Licensed firms in ADGM can conduct regulated activities involving USDT (for example, trading and custody) under FSRA oversight, per the policy write?up.
For ADGM?regulated entities, USDT becomes a compliant settlement rail across major chains, simplifying multi?network support under one jurisdiction and potentially broadening institutional use.
Conclusion
The regulator was ADGMs FSRA, and the decision puts USDT into a supervised category for regulated activities inside Abu Dhabis financial center. Practically, ADGM firms gain a clearer, multi?chain path to use USDT, while rules outside ADGM still depend on local regulators.
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