#阿布扎比稳定币 Abu Dhabi is actively promoting the development of stablecoins, aiming to consolidate its position as a global digital financial center.
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has proposed a regulatory framework for Fiat-Referenced Tokens (FRT), requiring issuers to assess reserve assets daily based on market value and ensure that the reserve assets equal the face value of the FRT in circulation. Furthermore, the FSRA also recommends that institutions issuing multiple FRTs maintain independent reserve pools for each token to ensure transparency and security.