---
title: "Abu Dhabi proposes framework for fiat-referenced tokens"
url: https://diffcoin.com/abu-dhabi-proposes-framework-for-fiat-referenced-tokens/
description: "FRTs are a type of stablecoin backed by liquid assets denominated in the same currency as the FRT and can be liquidated with minimum adverse price effect.…"
published: 2024-08-21
updated: 2024-08-21
author: "Mila"
site: "Diffcoin"
---

# Abu Dhabi proposes framework for fiat-referenced tokens

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

[Source link](https://cointelegraph.com/news/abu-dhabi-regulator-supervision-fiat-referenced-tokens-stablecoins?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)