Tether USD₮ has been recognized by the Abu Dhabi Global Market (ADGM), supporting multi-chain applications

Tether announced that its stablecoin USD₮ has been recognized by the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) as a "fiat-backed reference token" (AFRT). This recognition extends to several major blockchain networks including Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON, marking another significant advancement following its prior approval for use on Ethereum, Solana, and Avalanche.