Tether Gold recognized as Accepted Spot Commodity in Abu Dhabi financial center

Tether Gold has been recognized as an Accepted Spot Commodity in Abu Dhabi Global Market, allowing regulated firms to offer services involving the tokenized gold asset. The total value locked in Tether Gold has more than tripled over the past year to $2.86 billion. Tether CEO Paolo Ardoino says the designation clears the path for firms to offer XAUT.