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Tether USDT Gains Virtual Asset Status in Abu Dhabi Global Market

source-logo  coingape.com 10 December 2024 23:35, UTC
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Tether’s USDT stablecoin has officially been recognized as an Accepted Virtual Asset (AVA) by the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM). This decision allows licensed entities operating within the ADGM to offer services related to Tether USDT. The milestone positions the stablecoin for broader integration into the UAE’s growing digital finance ecosystem.

coingape.com