FDIC Rolls Out Stablecoin Rules to Implement GENIUS Act, Paving Way for Bank-Issued Digital Dollars

The U.S. Federal Deposit Insurance Corporation (FDIC) has taken a major step toward putting the GENIUS Act into practice by proposing its first stablecoin rule framework, establishing how FDIC-supervised banks and savings institutions can apply to issue regulated payment stablecoins.

This draft rule outlines application procedures, review timelines and regulatory criteria that financial institutions must meet to become approved stablecoin issuers, marking the beginning of formal stablecoin regulation under U.S. law. The move advances the GENIUS Act’s goal of integrating stablecoins into the traditional banking system with greater oversight, transparency and consumer protections.

Clever Robot News Desk 17^th December 2025