2024

Aptos

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Dubai

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    <h4 class="relative p-1 rounded-sm flex items-center justify-center bg-token-main-surface-primary text-token-text-primary h-8 w-8"><strong>The Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM) has approved Tether’s USDT. It is now recognized as an Accepted Virtual Asset (AVA).</strong></h4> 
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<p>Licensed companies in ADGM can now offer pre-approved services involving USDT. This boosts the region’s reputation as a leader in digital asset innovation.</p> 
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      <h5><strong>UAE Embraces USDT to Strengthen Digital Finance Leadership</strong></h5> 
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<p>The UAE has been stepping up its game in the digital finance world, and this move highlights its forward-thinking attitude. With the <a href="https://www.altcoinbuzz.io/cryptocurrency-news/tether-to-launch-dirham-pegged-stablecoin-on-ton-blockchain/" target="_blank" rel="noopener">UAE dirham pegged to the U.S. dollar</a>, the country already enjoys economic stability. Now, by embracing USDT—the world’s most widely used stablecoin with a market cap of over $138 billion—it’s clear the UAE is making a big splash in the crypto space. USDT acts as a bridge between traditional and digital economies, offering security and efficiency to more than 400 million users worldwide.</p> 
<p>Since 2022, cryptocurrency adoption in the UAE has taken off like wildfire. With cities like Abu Dhabi and Dubai at the forefront, the country has become a global hub for crypto innovation and blockchain technology. The progressive regulatory environment in the UAE is paving the way for a thriving ecosystem that brings together traditional and decentralized finance.</p> 
<blockquote class="twitter-tweet"> 
 <p dir="ltr" lang="en">Tether’s USD₮ Recognized as Accepted Virtual Asset in the Abu Dhabi Global Market (ADGM)</p> 
 <p>Read more:<a href="https://t.co/8k7p0LZ27u">https://t.co/8k7p0LZ27u</a></p> 
 <p>— Tether (@Tether_to) <a href="https://twitter.com/Tether_to/status/1866472591461863432?ref_src=twsrc%5Etfw">December 10, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>Tether’s CEO, Paolo Ardoino, called this a milestone for the company and the industry. “This underscores Tether’s commitment to fostering global financial inclusion and innovation,” Ardoino said. “By bringing USD₮ to ADGM’s regulated framework, we validate the importance of stablecoins as tools for modern finance. The UAE’s forward-thinking approach sets a global standard, and we’re proud USD₮ can drive economic progress and digital transformation in the region.”</p> 
<h5><strong>More About Tether</strong></h5> 
<p>Support for native USDT on <a href="https://www.altcoinbuzz.io/?s=aptos" target="_blank" rel="noopener">Aptos</a> is now live on Binance. This will allow users to seamlessly deposit and withdraw USDT on the Aptos blockchain. This new feature helps accelerate on-chain transactions, offering faster and more efficient transfers.</p> 
<blockquote class="twitter-tweet"> 
 <p dir="ltr" lang="en"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> The wait is over.</p> 
 <p>Support for native USDT on Aptos is now LIVE on <a href="https://twitter.com/binance?ref_src=twsrc%5Etfw">@binance</a>. Accelerate on-chain with deposits and withdrawals now open! <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/26a1.png" alt="⚡" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/PEcEgj961v">pic.twitter.com/PEcEgj961v</a></p> 
 <p>— Aptos (@Aptos) <a href="https://twitter.com/Aptos/status/1866685618954354965?ref_src=twsrc%5Etfw">December 11, 2024</a></p>
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<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>With deposits and withdrawals now open, Binance users can take advantage of the enhanced speed and scalability of Aptos. This will make it easier to manage their assets and engage in digital asset transactions.</p> 
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<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/tethers-usdt-approved-in-abu-dhabi/">Tether’s USDT Approved in Abu Dhabi</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

Tether’s USDT Approved in Abu Dhabi

Altcoin Buzz

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