Tether Gold Gains ADGM Recognition as Accepted Spot Commodity Provider
2026-07-20 20:03

Woofun AI reports that Tether has secured recognition from the Abu Dhabi Global Market (ADGM) for its gold-backed token, XAU₈, as an "Accepted Spot Commodity." This designation follows sustained dialogue with regulators, during which Tether demonstrated the resilience and compliance of its operational framework. The status permits ADGM-registered entities with appropriate approvals to facilitate XAU₈-related products within a regulated environment. This development complements the prior recognition of Tether’s USD₈ stablecoin as an "Accepted Fiat Referenced Token" by the ADGM Financial Services Regulatory Authority.

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Tags:
XAU₮
USD₮
Tether Gold
Tether
ADGM
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