#AbuDhabiStablecoin Abu Dhabi Global Market (ADGM) is an international financial center and free zone located on Al Maryah Island in Abu Dhabi, the capital of the United Arab Emirates. Established in 2013 and fully operational since October 2015, ADGM operates with its own civil and commercial laws and has three independent authorities: the Financial Services Regulatory Authority (FSRA), the Registration Authority, and ADGM Courts.

Regarding stablecoins in Abu Dhabi, there are a few key developments:

ADGM's Framework for Fiat-Referenced Tokens (FRTs):

The FSRA of ADGM has established a regulatory framework for fiat-referenced tokens, commonly known as stablecoins. This framework aims to provide a robust structure for the issuance and management of these digital