Tether, the company behind USDT, has just obtained a new status—Abu Dhabi ADGM has granted it certification as a "fiat-referenced token."
This certification is not just for show. Once obtained, institutions can conduct USDT-related transactions and custody services openly and legitimately within ADGM's globally recognized regulatory framework. Simply put, with this compliance license in hand, everything that follows becomes much more straightforward.
Interestingly, a leading exchange previously took this same route. Now that Tether is following suit, Abu Dhabi is increasingly looking like a "safe haven" for crypto companies—with clear regulations and friendly policies, many project teams and platforms are flocking there.
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LootboxPhobia
· 32m ago
Still here getting licenses, Tether is aiming to stabilize and dominate everything.
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MagicBean
· 12-09 06:52
Abu Dhabi is treating crypto like it's nothing special; all the big companies are heading there, and now even stablecoins need a license to operate.
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BearMarketBuilder
· 12-09 06:45
Abu Dhabi has now become a stablecoin paradise. Tether played this move brilliantly.
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On-ChainDiver
· 12-09 06:30
Tether is really paving the way for itself here. Compliance will definitely make things go much more smoothly. But Abu Dhabi’s move is truly smart—seizing the regulatory high ground faster than anyone else.
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MetamaskMechanic
· 12-09 06:29
Regulatory licenses, put simply, are there to give institutions peace of mind.
Tether played this move pretty steadily—ADGM’s endorsement is basically international recognition.
Abu Dhabi has really become a crypto safe haven; not gonna lie, that’s kinda interesting.
This makes USDT even more solid, and institutional acceptance will climb another notch.
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FlyingLeek
· 12-09 06:29
Here we go again? So once Tether is compliant, institutions can safely dump on us, huh?
Tether, the company behind USDT, has just obtained a new status—Abu Dhabi ADGM has granted it certification as a "fiat-referenced token."
This certification is not just for show. Once obtained, institutions can conduct USDT-related transactions and custody services openly and legitimately within ADGM's globally recognized regulatory framework. Simply put, with this compliance license in hand, everything that follows becomes much more straightforward.
Interestingly, a leading exchange previously took this same route. Now that Tether is following suit, Abu Dhabi is increasingly looking like a "safe haven" for crypto companies—with clear regulations and friendly policies, many project teams and platforms are flocking there.