Just in: U.S. federal banking regulator proposes rule to restrict stablecoin rewards.

Feb 26, 2026, 11:04:37 PM UTC(5 hours ago)

Impact: Medium

Affected Assets

Just in: U.S. federal banking regulator proposes rule to restrict stablecoin rewards.
The U.S. Federal Deposit Insurance Corporation (FDIC) has proposed a rule to regulate stablecoin issuance by subsidiaries of FDIC-supervised banks.
This rule is mandated by the GENIUS Act, which established a federal framework for "payment stablecoins," digital assets designed for stable value in payments.
The GENIUS Act limits stablecoin issuance to "permitted payment stablecoin issuers" (PPSIs).
The proposed rule outlines application requirements and procedures for banks seeking to issue stablecoins through subsidiaries.
The Office of the Comptroller of the Currency (OCC) is also proposing rules to implement the GENIUS Act, outlining how stablecoins can be issued, backed, supervised, and potentially revoked.

JUST IN: 🇺🇸 US federal banking regulator proposes rule to restrict stablecoin rewards.