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Abu Dhabi's ADGM has recognized Tether's USDT as an Accepted Fiat-Referenced Token, allowing regulated institutions to use it across various blockchain networks. This acknowledgment supports cross-border payments and positions USDT prominently in the digital asset landscape.

The Abu Dhabi Global Market Regulator approved Tether's USDT as a "recognized fiat reference token" on nine mainstream blockchains, marking a significant development in its global financial compliance journey. This move will promote the integration of crypto assets with traditional finance, further improving compliance and market liquidity.

US OCC Chief: No Reason to Treat Banks and Crypto Companies Differently According to Cointelegraph, Jonathan Gould, head of the US Office of the Comptroller of the Currency (OCC), pointed out that cryptocurrency companies seeking a US federal banking license should receive equal treatment as other financial institutions. Speaking at a blockchain conference on Monday, he mentioned that new license applicants in the digital or fintech sectors can be seen as providing innovative services to national trust banks, and that custody and safekeeping services have been conducted electronically for many years. There is no justification for treating digital assets differently, and banks should not be limited to past technologies and business models. Gould stated that the banking system has the ability to evolve from the telegraph era to the blockchain era. So far this year, the OCC has received 14 applications for new bank establishments, some from entities engaged in innovative or digital asset businesses, a number nearly equal to similar applications in the past four years. The issuance of licenses

OpenEden secured investment to enhance its RWA tokenization platform, focusing on US Treasurys and yield-bearing stablecoin USDO amid growing demand in crypto markets. Key investors include Ripple and Lightspeed Faction.