#稳定币 Wait, can stablecoins still have a "title"? 🤔 I just saw that Tether's USDT received official recognition in Abu Dhabi and was called an "Accepted Fiat Reference Token." I was a bit confused at first... but then I understood what it meant.

I've always heard that although USDT is the most widely used, it’s often criticized by Western regulators for lack of transparency, which made me quite worried. Now it seems Abu Dhabi has issued it a "Multi-Chain Pass," recognizing its legal status on nine public blockchains? This feels like USDT has finally "gone legit"!

What’s most shocking is that the giants Tether, Circle, and Binance all chose Abu Dhabi at the same time. The news says "Dubai is Las Vegas, Abu Dhabi is New Wall Street." I think that’s a bit exaggerated, but looking at the situation... it really seems different. They have an independent common law system, clear regulatory rules, and government funds directly supporting it. This definitely makes it more attractive than other places.

Suddenly I feel I need to understand stablecoins more seriously; I can't just think of them as "pegged to the dollar." These compliance issues sound complicated, but they seem pretty important for us users, right? It feels like the Middle Eastern market is about to rise 😄