Approval Requirements for Issuance of Payment Stablecoins by Subsidiaries of FDIC-Supervised Insured Depository Institutions
12 CFR Part 303 RIN 3064–AG20
Notice of proposed rulemaking
Summary: The Federal Deposit Insurance Corporation (FDIC) is soliciting comments on a proposal that would establish procedures to be followed by an insured State nonmember bank or State savings association (each, an FDIC-supervised institution) that seeks to obtain FDIC approval to issue payment stablecoins through a subsidiary pursuant to the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act).
90 FR 59409
Comment Period End: February 17, 2026
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| Submitted By |
|---|
| 01. Michael Ravnitzky |