{"id":79979,"date":"2026-04-09T02:31:32","date_gmt":"2026-04-09T02:31:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=79979"},"modified":"2026-04-09T02:31:32","modified_gmt":"2026-04-09T02:31:32","slug":"stablecoin-rules-face-144-questions-in-new-fdic-proposal","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=79979","title":{"rendered":"Stablecoin Rules Face 144 Questions In New FDIC Proposal"},"content":{"rendered":"
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The public has 60 days to weigh in. That\u2019s how much time the Federal Deposit Insurance Corporation is giving Americans to respond to its newly proposed framework for regulating stablecoin issuers \u2014 a plan built around 144 specific questions<\/a> the agency wants answered before it finalizes anything.<\/p>\n

A Framework Built On Reserve And Risk Standards<\/h2>\n

The FDIC\u2019s board voted this week to put forward rules<\/a> that would set standards for reserves, redemptions, capital requirements, risk management, and custody practices for coin issuers operating under its watch.<\/p>\n

The proposal<\/a> applies to FDIC-supervised banks and savings institutions \u2014 more than 2,700 of them \u2014 and is tied to the Guiding and Establishing National Innovation for US Stablecoins Act, better known as the GENIUS Act, which was signed into law last July.<\/p>\n

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The law handed the FDIC formal authority over transaction activity inside the institutions it already supervises. Full implementation is scheduled for January 18, 2027, unless the rules take effect earlier.<\/p>\n

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Today, our Board of Directors approved a proposed rule that would establish requirements under the GENIUS Act for FDIC-supervised stablecoin issuers.https:\/\/t.co\/VAnMhwyGo5<\/a> pic.twitter.com\/1A8sqGRlvk<\/a><\/p>\n

\u2014 FDIC (@FDICgov) April 7, 2026<\/a><\/p>\n<\/blockquote>\n

This is the agency\u2019s second move to put the GENIUS Act into practice. Back in December, the FDIC put forward a separate plan to set up an application process for insured depository institutions wanting to issue payment stablecoins<\/a> through subsidiaries. Tuesday\u2019s announcement builds on that earlier step.<\/p>\n

The Coverage Gap Stablecoin Users Should Know About<\/h2>\n

Here\u2019s the part that may surprise some holders. While the reserves that back a stablecoin would be insured under the proposed rules, the people actually holding those stablecoins would not be.<\/p>\n

<\/p>\n

The FDIC said extending deposit insurance directly to stablecoin holders would conflict with the text of the GENIUS Act<\/a> itself, which explicitly bars payment stablecoins from being covered by federal deposit insurance.<\/p>\n

The agency acknowledged the limitation but argued the rules would still benefit everyday users. A more tightly regulated environment, officials said, means stablecoin holders get stronger assurances that the issuers behind their tokens are being held to serious regulatory standards \u2014 even if a federal safety net doesn\u2019t cover them directly.<\/p>\n

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A Bigger Regulatory Picture Taking Shape<\/p>\n

The FDIC<\/a> is not working alone. The Office of the Comptroller of the Currency is running its own parallel effort to bring the GENIUS Act to life. Its reach goes further \u2014 covering national bank subsidiaries and certain nonbank stablecoin issuers that fall outside the FDIC\u2019s jurisdiction.<\/p>\n

Featured image from Unsplash, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The public has 60 days to weigh in. That\u2019s how much time the Federal Deposit Insurance Corporation is giving Americans to respond to its newly proposed framework for regulating stablecoin issuers \u2014 a plan built around 144 specific questions the agency wants answered before it finalizes anything. A Framework Built On Reserve And Risk Standards […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-79979","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/79979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=79979"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/79979\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=79979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=79979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=79979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}