US banks may soon issue stablecoins under FDIC plan to implement GENIUS Act
The FDIC has proposed an application process to implement the GENIUS Act that would allow U.S. banks to issue payment stablecoins through ringfenced subsidiaries, a...
FDIC
FDIC clarifies tokenized deposit insurance in FIL‑7‑2025, distinguishing tokenized deposits from stablecoins
The FDIC has issued guidance that clearly distinguishes between tokenized deposits and stablecoins, defining the former as an insured bank liability and generally leaving the...