FDIC will propose a stablecoin application framework later this month, with prudential requirements following in early 2026.
The agency will establish capital, liquidity, and reserve diversification standards for supervised stablecoin issuers under GENIUS Act.
Before the end of December, the Federal Deposit Insurance Corporation is set to reveal its regulatory framework for the implementation of the stablecoin law in the United States. In his testimony at the House Financial Services Committee on Tuesday, Acting Chair Travis Hill said the agency would send a proposal to the GENIUS Act for application rules. This step of the regulatory development is a major move in setting up a complete supervision regime for digital payment tokens that are backed by traditional assets such as the US dollar.
Implementation Timeline and Regulatory Scope
Hill
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