US banks could soon issue stablecoins under FDIC plan to implement GENIUS Act

Cointelegraph.com NewsThe Federal Deposit Insurance Corp.’s proposal outlines how banks could seek approval to issue payment stablecoins as US regulators move from legislation to rule-making. 

​The Federal Deposit Insurance Corp.’s proposal outlines how banks could seek approval to issue payment stablecoins as US regulators move from legislation to rule-making.