USDT recognized by Abu Dhabi regulators as a "fiat-referenced token"
BlockBeats News, December 9, according to Cointelegraph, USDT issued by Tether has obtained the "fiat-referenced token" qualification in the Abu Dhabi Global Market (ADGM), which means that licensed institutions can provide services such as trading and custody involving USDT within a regulated framework. This qualification marks a key development for USDt within Abu Dhabi's regulatory system and will further expand its application in cross-border settlements, institutional custody, and payment scenarios.
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