Abu Dhabi proposes framework for fiat-referenced tokens
August 21 2024 - 6:02AM
Cointelegraph
![](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDgvMDc3NDZhZmUtY2I4YS00NjVmLWJmMGMtNWRiMzVlYzgzZDhiLmpwZw==.jpg)
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.
...
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