FDIC Proposes Stablecoin Rule for GENIUS Act Implementation
FDIC Proposes Stablecoin Rule for GENIUS Act Implementation
On April 10, 2026, the Federal Deposit Insurance Corporation ("FDIC") proposed a new rule to implement the requirements of the Guiding and Establishing National Innovation for U.S. Stablecoins Act (the "GENIUS Act") for permitted payment stablecoin issuers ("PPSIs") and FDIC-supervised custodians.... By: Jones Day