Urgent: The Federal Reserve proposes stablecoin rules tied to payments! 🏦💵
On September 24, 2026, the Federal Reserve proposed new regulations to implement the GENIUS Act.
Key points:
✅ 1:1 mandatory coverage: Issuers must keep $1 from allowed reserves for every $1 of stablecoin. Allowed reserves: cash, Federal Reserve balances, short-term Treasury bills (≤93 days).
✅ Redemption within two days: Issuers must redeem tokens within two business days.
✅ Capital rules: 2% on the first $20 billion, and 1% on amounts exceeding $50 billion. If there is a deficit, forced liquidation & redemption will be carried out.
✅ Bank approval: The Fed decision window is 120 days, and it is deemed automatically approved if the Fed remains silent.
The 60-day public comment period is open now. This is the first tangible prudential governance framework for stablecoins in the United States! Regulation = collective approval?
Please follow up
What do you think—are you optimistic about $USDT & $USDC ?
#Stablecoin #Fed #GENIUSAct #CryptoRegulation #BinanceSquare #fedproposespaymentstablecoinrules
On September 24, 2026, the Federal Reserve proposed new regulations to implement the GENIUS Act.
Key points:
✅ 1:1 mandatory coverage: Issuers must keep $1 from allowed reserves for every $1 of stablecoin. Allowed reserves: cash, Federal Reserve balances, short-term Treasury bills (≤93 days).
✅ Redemption within two days: Issuers must redeem tokens within two business days.
✅ Capital rules: 2% on the first $20 billion, and 1% on amounts exceeding $50 billion. If there is a deficit, forced liquidation & redemption will be carried out.
✅ Bank approval: The Fed decision window is 120 days, and it is deemed automatically approved if the Fed remains silent.
The 60-day public comment period is open now. This is the first tangible prudential governance framework for stablecoins in the United States! Regulation = collective approval?
Please follow up
What do you think—are you optimistic about $USDT & $USDC ?
#Stablecoin #Fed #GENIUSAct #CryptoRegulation #BinanceSquare #fedproposespaymentstablecoinrules