Abu Dhabi proposes framework for fiat-referenced tokens

Permalink Report to webmaster

FRTs are a type of stablecoin backed by liquid assets denominated in the same currency as the token and can be liquidated with minimum adverse price effect.

Source: Cointelegraph.com News

#AbuDhabi, #FiatreferencedTokens, #Stablecoins, #FSRA, #ADGM, #CryptoRegulation, #DigitalAssets