Crypto

Tether\'s gold token XAUT approved in Abu Dhabi, expands regulatory coverage after USDT

Tether Gold (XAUT) has been approved as a spot commodity in Abu Dhabi Global Market (ADGM), enabling regulated firms in the financial centre to provide services tied to the tokenised gold asset. The move follows ADGM’s acceptance of Tether’s dollar-pegged stablecoin USDt (USDT) as a fiat-referenced token. Data cited show XAUT’s total value locked rising more than threefold over a year, while firms plan additional uses such as loan collateral.

Crypto

Bolivia weighs adding USDT to official payment network, raising possibility of parallel use with boliviano and dollar

Bolivia\'s government is reviewing whether to include Tether\'s stablecoin USDT in the country\'s official payment system, potentially allowing it to be used alongside the boliviano and the U.S. dollar. Economy Minister Jose Gabriel Espinosa said authorities are considering a framework covering banks, digital wallets and payment service providers, although USDT currently has no official regulation or legal tender status. Officials cite wider local use of USDT amid a shortage of cash dollars.