#AbuDhabiStablecoin Regulatory Framework in Abu Dhabi Global Market (ADGM):

* The Financial Services Regulatory Authority (FSRA) of the ADGM has established a comprehensive regulatory framework specifically for fiat-referenced tokens (FRTs), a type of stablecoin. This framework aims to balance innovation with stability, transparency, and investor protection.

* Definition of FRTs: The FSRA defines FRTs as digital assets that:

* Serve as a medium of exchange.

* Maintain a stable value by referencing a fixed amount of a single fiat currency.