#AbuDhabiStablecoin

The Financial Services Regulatory Authority (FSRA) of the #AbuDhabi Global Market (ADGM) has introduced a new stablecoin regulatory framework. This framework aims to provide clarity and oversight for stablecoin issuers, ensuring they maintain adequate reserves and comply with regulations.

*Key Aspects:*

- *Reserve Requirements*: Issuers must hold reserves backing the stablecoin's value.

- *Transparency and Disclosure*: Regular audits and financial reports are required.

- *Consumer Protection*: Measures are in place to protect users and maintain market stability.

This framework positions Abu Dhabi as a leader in digital asset regulation [3].