Stablecoins (ART / EMT)
Reserve Asset
Individual asset (deposit, bond, money-market instrument) held as part of the ART or EMT backing pool.
Definition
Reserve assets are the individual instruments held in the ART asset reserve or the EMT reserves. EMT reserves are limited to commercial-bank and central-bank money; ART reserves accept a broader universe subject to EBA RTS concentration and quality limits.
Regulatory citation