Which stablecoins won ADGM approvals?

TLDR

ADGM approvals cover Tether USDt (USDT), USD Coin (USDC), Ripple USD (RLUSD), World Liberty Financial USD (USD1), Pax Dollar (USDP), and USDL (USDL), recognized as Accepted Fiat?Referenced Tokens. See the approvals list in this report.

1. USDT also received multi?chain recognition across nine additional networks per this update.
2. ADGMs regime lets licensed firms use these stablecoins in regulated activities, as summarized here.

Deep Dive

1. Approved Stablecoins

ADGMs Financial Services Regulatory Authority (FSRA) recognizes several stablecoins as Accepted Fiat?Referenced Tokens.

1. The list includes USDT, USDC, RLUSD, USD1, USDP, and USDL per the approval summary.
2. Coverage in other outlets reiterates USDCs regulatory posture in ADGM and the UAEs zones, with context on Circles license and positioning in the region here.

2. USDT Multi?Chain Recognition

USDT (USDT) was specifically recognized across nine additional blockchains, expanding earlier approvals.

1. The new networks include Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON, extending beyond prior approvals on Ethereum, Solana, and Avalanche per this update.
2. Media coverage highlights the broader multichain framework for ADGM?licensed firms using USDT here.

3. Regulated Use Under ADGM

The FSRAs AFRT designation allows licensed firms to use these stablecoins within a supervised framework.

1. Reports note these approvals enable regulated activities involving stablecoins for ADGM?licensed institutions, including custody and settlement here.
2. Additional coverage explains how the approvals strengthen Abu Dhabis standing as a hub for compliant digital finance here.

Conclusion

ADGMs accepted stablecoin list now includes USDT, USDC, RLUSD, USD1, USDP, and USDL, with USDT gaining expanded multi?chain recognition. The AFRT regime gives licensed firms a clear, supervised way to use these stablecoins for payments, settlement, and custody within Abu Dhabis leading digital?asset framework.