Tether Gold gains commodity status in Abu Dhabi, with locked value tripling to $2.86B in a year.

Abu Dhabi Global Market (ADGM) has recognized Tether Gold (XAUT) as an Accepted Spot Commodity, allowing regulated firms in the financial center to offer services involving the tokenized gold asset. Over the past year, XAUT's locked value surged from $826 million to $2.86 billion, reflecting strong demand for tokenized gold. This regulatory approval enables eligible companies to add XAUT-related products to their offerings, expanding Tether's presence in tokenized commodities alongside its stablecoin USDT. Tether is also investing in payroll and digital banking sectors, while the future of USDT in the U.S. remains uncertain amid evolving regulations.