Which stablecoins gained ADGM approvals?

TLDR

Abu Dhabi Global Markets regulator approved several stablecoins as Accepted Fiat?Referenced Tokens: Tether USDt (USDT), Circle USDC, Ripple RLUSD, World Liberty Financial USD1, Paxos USDP, and Paxos International USDL per a recent roundup of ADGM approvals in Abu Dhabis regime (approved list overview).

1. USDT gained multi?chain recognition across nine additional networks within ADGM (USDT multichain approval).
2. Circle secured an FSRA Financial Services Permission to offer regulated USDC services in ADGM (Circle approval).
3. Ripples RLUSD and Paxos USDP/USDL are also listed among ADGM?approved tokens (approved list overview).

Deep Dive

1. AFRT Stablecoin List

ADGMs Financial Services Regulatory Authority (FSRA) designates approved stablecoins as Accepted Fiat?Referenced Tokens (AFRTs). Recent coverage lists USDT, USDC, RLUSD, USD1, USDP, and USDL as approved for regulated activities in ADGM (approved list overview). A separate update highlights USDC and USDT appearing on FSRAs approved set as the regime went live (market summary).

2. USDT Multichain Recognition

USDTs AFRT status was expanded to Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and Tronbuilding on earlier recognition for Ethereum, Solana, and Avalanche. This lets ADGM?licensed firms support USDT across more networks within the jurisdiction (USDT multichain approval).

3. Circles USDC and FSRA License

Beyond USDCs AFRT recognition, Circle received a Financial Services Permission (FSP) to operate as a Money Services Provider in ADGMexpanding regulated payment, settlement, and custody rails linked to USDC (Circle approval).

Conclusion

ADGMs AFRT approvals now cover leading dollar?stablecoins (USDT, USDC) and newer entrants (RLUSD, USD1, USDP, USDL), with USDT gaining multi?chain coverage and Circle securing an operational license. The net effect is deeper, regulated stablecoin rails for custody, payments, and settlement in Abu Dhabis financial hub.