CryptoSlate·
Fed stablecoin proposal would make circulation a capital cost for supervised issuers
At $1 billion outstanding with no non-reserve revenue, the proposed operating-risk baseline would be $20 million before adjustments.
Also covered by 13 outlets
- Crypto Briefing ↗Fed proposes reserve and capital rules for stablecoin issuers under GENIUS Act
- The Block ↗Fed proposes reserve limits, capital standards for stablecoin issuers under GENIUS Act
- Crypto Briefing ↗Fed proposes stablecoin rules under GENIUS Act, eyes crypto clarity
- Decrypt ↗Federal Reserve Unveils Stablecoin Rules on Reserves and Capital
- Cointelegraph ↗Fed proposes new capital, redemption rules for stablecoin issuers
- CoinDesk ↗U.S. Federal Reserve moves on proposals to implement GENIUS Act for stablecoins
- Crypto Briefing ↗Fed proposes new stablecoin rules under GENIUS Act
- Unchained ↗Fed’s Stablecoin Proposal Sets Capital Charges and Presumes Some Yield Deals Are Prohibited
- The Defiant ↗Fed Proposes Capital Charges and Bank Approval Rules for Stablecoins
- NewsBTC ↗Fed Proposes Full Reserve And Capital Rules For US Stablecoin Issuers
- CryptoPotato ↗Fed Moves to Tighten Stablecoin Rules With Two New GENIUS Act Proposals
- Cointelegraph ↗Fed requests comment on two proposals for stablecoin issuers under GENIUS Act
- CryptoSlate ↗Fed proposed stablecoin rule could trigger a 48-hour liquidation run
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