BTCC / BTCC Square / Global Cryptocurrency /
FDIC Prepares First Stablecoin Rules Under GENIUS Act

FDIC Prepares First Stablecoin Rules Under GENIUS Act

Published:
2025-12-03 04:48:02
13
1
BTCCSquare news:

The U.S. Federal Deposit Insurance Corporation (FDIC) is finalizing its first formal proposal for stablecoin oversight under the GENIUS Act, with acting chairman Travis Hill confirming the rulemaking package will be submitted to Congress by year-end. The framework establishes multi-agency supervision of payment stablecoins, requiring issuers to obtain licenses and meet stringent capital, liquidity, and reserve requirements.

Regulators aim to prevent redemption crises during market stress by enforcing diversification rules and operational standards. The FDIC’s forthcoming proposal will detail compliance procedures for bank-affiliated stablecoin issuers, while a separate 2024 release will outline broader financial requirements for the sector.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.