You are viewing the FCA Handbook Glossary as it appeared on 25/10/2027.

backing asset pool

  1. (a) a pool of money and/or assets held by a firm in connection with a qualifying stablecoin with a view to maintaining the stability or value of that qualifying stablecoin; and
  2. (b) any additional sum held in excess of the requirement in CASS 16.2.1R(3) in accordance with CASS 16.4.16R.
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Point In Time
25/10/2027