A new recognition enhances the global position of USDT
In a move considered a strong boost for the stablecoins market, the Abu Dhabi Global Market (ADGM) has officially recognized Tether USDT as a Fiat-Referenced Token.
This decision opens the door for licensed companies within the financial center to provide custody and trading services for USDT under a clear and stringent regulatory framework.
✨ Why is this news important?
It enhances institutional trust in stablecoins and increases their adoption in the Middle East.
It positions Abu Dhabi as a leading financial center in the regulation of digital assets.
It solidifies USDT's status as one of the most important digital financing tools globally, especially with the growing demand for stability and liquidity.
This recognition adds a new layer of reliability and brings traditional markets closer to the crypto world with steady steps.
