Federal Reserve proposes new stablecoin regulations under GENIUS Act

Federal Reserve stablecoins GENIUS Act cryptocurrency regulation digital assets

The U.S. Federal Reserve has proposed two new regulatory frameworks to implement the GENIUS Act, aiming to integrate payment stablecoins into the formal financial system. The proposals, released on September 24, 2026, seek to establish strict standards for issuers and banks.

The first proposal focuses on prudential requirements for supervised payment stablecoin issuers. It mandates that tokens be fully backed by high-quality, liquid reserve assets, such as short-term U.S. Treasury bills, cash, or deposits at insured banks. Additionally, the rules would introduce standardized capital requirements to mitigate credit and operational risks, alongside specific risk-management standards.

The second proposal outlines a tailored application process for Board-supervised banks that wish to issue their own payment stablecoins. This includes requirements for submitting business plans and financial information, as well as establishing formal processes for appeals and hearings.

These regulations aim to ensure that stablecoins can be reliably redeemed, even during market stress, and to clarify the relationship between traditional banking institutions and digital asset companies. The Federal Reserve will accept public comments for 60 days following the publication of these proposals in the Federal Register.

Entities

Federal Reserve · Genius Act · Solana · USDC · United States

Claims

What the coverage asserts, and how many sources carry each claim.

[○ 1 SOURCE] Proposed rules include a requirement for stablecoin redemption within a maximum of two business days. www.merca2.es
[● 7 SOURCES] The Federal Reserve proposed two regulatory packages on September 24, 2026, to implement the GENIUS Act. www.kriptoworld.hu · www.europesays.com · blockchainreporter.net · www.ad-hoc-news.de · www.blocktempo.com · +2 more
[● 5 SOURCES] The public comment period will last for 60 days following the publication of the proposals in the Federal Register. www.kriptoworld.hu · www.europesays.com · blockchainreporter.net · www.blocktempo.com · www.tekedia.com
[● 4 SOURCES] The framework introduces standardized capital requirements to manage credit and operational risks. www.europesays.com · blockchainreporter.net · www.blocktempo.com · www.tekedia.com
[● 5 SOURCES] A second proposal establishes a tailored application process for supervised banks wishing to issue payment stablecoins. www.europesays.com · blockchainreporter.net · www.blocktempo.com · www.merca2.es · www.tekedia.com
[● 7 SOURCES] Supervised payment stablecoin issuers must fully back tokens with permitted reserve assets, such as short-term U.S. Treasury bills. www.kriptoworld.hu · www.europesays.com · blockchainreporter.net · www.ad-hoc-news.de · www.blocktempo.com · +2 more