Federal Reserve’s stablecoin proposal could force a sub-48-hour liquidation scramble
The Fed’s draft rule introduces an hourly crisis clock that may require stablecoin issuers to liquidate reserves within two days of a reserve shortfall.
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Federal Reserve unveils two rule proposals to operationalise the GENIUS Act for stablecoins
The U.S. central bank released draft regulations that would set capital standards and outline how banks may issue stablecoins, opening a 60-day comment period.
Federal Reserve Proposes Full-Reserve Backing and New Application Process for Stablecoin Issuers
The Fed released two rule proposals that would require stablecoins to be fully collateralized with liquid assets and set a detailed licensing path for banks.