TLDR
ADGM has recognized several stablecoins as Accepted Fiat-Referenced Tokens (AFRT): USDT, USDC, RLUSD, USD1, USDP, and USDL. USDT also received multi?chain recognition in ADGM this week across nine additional networks per a market report.
- Tether USDt (USDT): multi?chain AFRT recognition expanded in ADGM on Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON per a market update.
- Other AFRTs in ADGM: USDC (Circle), RLUSD (Ripple), USD1 (World Liberty Financial), USDP (Paxos), USDL (Paxos International) per a news summary.
- AFRT status means ADGM?licensed firms can use these tokens in regulated activities under FSRA oversight per a briefing.
Deep Dive
1. USDT Multi-Chain
USDTs ADGM recognition now spans nine more networks (Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, TRON), expanding beyond earlier Ethereum, Solana, and Avalanche coverage. This lets ADGM?licensed firms support USDT across more ecosystems within a regulated framework per a market update.
- Multiple outlets confirm the multi?chain designation and its regulated use in ADGM per a Coinspeaker report.
Institutions in ADGM can deploy USDT across more chains for payments, settlement, and custody under clear rules.
2. Other Approved Tokens
Beyond USDT, ADGMs AFRT list includes USDC (Circle), RLUSD (Ripple), USD1 (World Liberty Financial), USDP (Paxos), and USDL (Paxos International). Coverage notes these are approved for regulated activities inside ADGM per a news summary.
- Several reports reference Circles broader regulatory footprint in the UAE as context, while noting USDTs recognition in ADGM per a market briefing.
ADGMs whitelist supports multiple issuers, giving institutions choices for USD?stable settlement under supervision.
3. What AFRT Means
AFRT is ADGMs category for fiat?referenced tokens approved for use by entities licensed by the Financial Services Regulatory Authority (FSRA). It enables regulated activities (for example, payments, custody, settlement) with these stablecoins inside ADGM per a briefing.
- Reports highlight ADGMs expanding digital?asset framework, with AFRT status signaling a compliance pathway for on?chain finance per a Coinspeaker report.
If you operate in ADGM, AFRT stablecoins are the tokens you can use for regulated workflows, subject to FSRA oversight.
Conclusion
ADGMs AFRT roster includes USDT, USDC, RLUSD, USD1, USDP, and USDL, with USDT earning multi?chain recognition this week. The approvals broaden compliant on?chain settlement options for ADGM?licensed institutions and reflect the UAEs push to formalize stablecoin use within regulated finance.
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