Abu Dhabi Global Market (ADGM) has officially recognized Tether's USDT as a "fiat-referenced token," allowing licensed institutions to provide regulated trading, custody, and other services involving USDT within the ADGM framework. Previously, ADGM had classified the issuance of USDT on Ethereum, Solana, and Avalanche as accepted virtual assets. (Cointelegraph)
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Abu Dhabi Global Market (ADGM) has officially recognized Tether's USDT as a "fiat-referenced token," allowing licensed institutions to provide regulated trading, custody, and other services involving USDT within the ADGM framework. Previously, ADGM had classified the issuance of USDT on Ethereum, Solana, and Avalanche as accepted virtual assets. (Cointelegraph)