Tether USDT receives recognition from Abu Dhabi Global Market (ADGM), supporting multi-chain applications
ChainCatcher News, according to official sources, Tether announced that its stablecoin USDT has been recognized by the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) as an "fiat-referenced token" (AFRT).
This recognition has been extended to several major blockchain networks including Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON, marking another significant development following previous approvals for use on Ethereum, Solana, and Avalanche.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Circle minted 500 million USDC on Solana in the past minute
HumidiFi (WET) public sale round postponed to December 9th at 00:00
Bitget Launchpool project STABLE is now open for staking, with a total prize pool of 47.85 million STABLE.
BitMine increased its holdings by approximately 138,400 ETH last week, with total holdings exceeding 3.86 million ETH.
Trending news
MoreCrypto prices
More
