Federal deposit insurance corporation

FDIC Proposes First US Stablecoin Rules Under New GENIUS Act

December 17, 2025
The FDIC has proposed its first set of rules under the GENIUS Act to regulate stablecoin issuance by banks. The rule outlines application requirements, review criteria, and an appeal process, signaling the U.S. banking system’s increasing involvement in digital dollar-backed tokens while seeking public feedback.