US Regulator Proposes Framework for Bank-Issued Stablecoins
The US is moving closer to regulating bank-issued stablecoins, with the Federal Deposit Insurance Corp. (FDIC) proposing a framework for insured banks to issue payment stablecoins under the GENIUS Act. This development could reshape the digital dollar landscape and provide clearer rules for institutions seeking to mint stablecoins.
FDIC Proposes