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Will another stablecoin be approved in UAE by June 2025?
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Yes • 50%
No • 50%
Announcements from Abu Dhabi Global Market or UAE financial regulators
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UAE Approves Tether's USDT as First Regulated Stablecoin in ADGM
Dec 10, 2024, 01:15 PM
Tether's USDT stablecoin has been officially recognized as an accepted virtual asset in the Abu Dhabi Global Market (ADGM), marking a significant step in the UAE's cryptocurrency regulation landscape. This approval signifies the UAE's first regulated stablecoin, aligning with the country's push towards becoming a hub for digital assets and blockchain technology. The recognition of USDT by ADGM is expected to facilitate its use in various financial transactions within the market.
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Other strategies • 25%
Increase Bitcoin holdings • 25%
Diversify into other cryptocurrencies • 25%
No major investment changes • 25%
No • 50%
Yes • 50%
Minimal influence with no major changes • 25%
Other outcomes • 25%
Significant influence leading to global regulatory changes • 25%
Moderate influence with some changes • 25%
Tether (USDT) is the largest • 25%
RLUSD is the largest • 25%
Other stablecoin is the largest • 25%
USD Coin (USDC) is the largest • 25%
USDT • 25%
RLUSD • 25%
USDC • 25%
DAI • 25%
Other • 25%
Tether • 25%
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