Where did USDT gain new approval?

TLDR

USDT gained new approval in Abu Dhabi Global Market (ADGM), the UAEs international financial center.

1. It was recognized as an Accepted Fiat-Referenced Token for use by ADGM-licensed firms per the ADGM notice coverage.
2. Coverage expanded to major networks including Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON.
3. This builds on earlier ADGM recognition for USDT on Ethereum, Solana, and Avalanche.

Deep Dive

1. ADGM Approval

The ADGMs Financial Services Regulatory Authority recognized USDT as an Accepted Fiat-Referenced Token, which lets licensed institutions in the zone conduct regulated activities (custody, settlement, payments) with USDT under its framework. This formalizes USDTs role within a well-defined regulatory perimeter in Abu Dhabi, a jurisdiction courting institutional digital-asset use cases with clear rules and supervision. The AFRT designation is the specific label ADGM applies to approved fiat-referenced stablecoins, which now includes USDT on multiple chains, broadening its compliant footprint in the UAEs capital per a market update.

2. Scope and Implications

The expansion covers Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON, extending earlier recognition that already included Ethereum, Solana, and Avalanche. That multi-chain coverage improves operational flexibility for settlement, custody, and on-chain finance across a broader stack of networks, while keeping activities within ADGMs oversight. Several crypto outlets reported the multi-chain approval and its prior baseline on Ethereum, Solana, and Avalanche, noting Abu Dhabis push to be a regulated stablecoin hub in the region, for example in this multi-chain approval summary.

Risk note: The approval is jurisdiction-specific. Benefits apply to ADGM-licensed entities and do not automatically extend beyond the ADGM framework.

Conclusion

USDTs new approval occurred in ADGM (Abu Dhabi), where it was recognized as an Accepted Fiat-Referenced Token across more blockchains. The move broadens regulated, multi-chain stablecoin rails for institutions in the UAEs financial free zone, reinforcing Abu Dhabis positioning as a compliant digital-asset hub while keeping usage within its supervised perimeter.