Tether’s USDT gains multi-chain AFRT status in Abu Dhabi’s ADGM

At the Bitcoin MENA 2025 conference in Abu Dhabi, Michael Saylor announced that major US banks are transitioning from excluding Bitcoin to actively developing products based on it, indicating a significant shift in the financial landscape. Saylor noted that these banks are now approaching him directly for collaboration.

Tether-backed Twenty One Capital faced significant market turbulence as Bitcoin's value declined, impacting the valuations of Digital Asset Trust (DAT) and compressing mNAV premiums. The firm, which recently went public via SPAC, is now under pressure to demonstrate its value beyond merely holding Bitcoin.

Polkadot has seen a 4% increase in its value as the cryptocurrency markets stabilize, reflecting a period of relative calm after recent volatility. This uptick follows a notable 9% gain earlier in December after breaking through a key resistance level of $2.25, indicating fluctuating investor sentiment in the market.

Allora has integrated the TRON network, enabling developers to access decentralized AI-powered forecasts. This integration is expected to enhance the capabilities of developers by providing advanced predictive analytics tools powered by artificial intelligence.

TON has edged higher to $1.64 as it continues its consolidation phase, reflecting a cautious optimism among traders in the cryptocurrency market. This price movement comes after a series of fluctuations influenced by developments within the Telegram ecosystem and broader market dynamics.

Mubadala Capital has partnered with Kaio to explore tokenized access to private market strategies, reflecting a growing interest in integrating blockchain technology with traditional investment avenues in Abu Dhabi. This initiative highlights the increasing acceptance of on-chain real-world assets within the financial sector.

The TRON Blockchain Network has successfully completed its strategic integration with Revolut, a move expected to enhance the accessibility of TRON's services within the Revolut platform. This integration aims to facilitate smoother transactions and bridge traditional and digital finance, potentially accelerating blockchain adoption in Europe.

Tether and Circle have received significant regulatory approvals in Abu Dhabi, with Tether's stablecoin recognized as an Accepted Reference Token (ARFT) and Circle obtaining a Financial Services Provider (FSP) license. These developments mark a pivotal moment for the cryptocurrency sector in the UAE, reflecting the region's commitment to fostering a regulated digital asset environment.