BREAKING: FDIC Proposes New Stablecoin Rules Under GENIUS Act

On April 7, 2026, the US @FDICgov Proposed the first detailed rulebook for bank-issued stablecoins.
Key Points:
🔸 1:1 reserve backing at all times
🔸 Redemptions within 2 business days
🔸 No interest or yield to holders
🔸 10% redemption in 24h must be reported to FDIC
🔸 $5M minimum capital for new issuers
🔸 Monthly reserve audits required
🔸 Strict cybersecurity and key management rules
What most people are missing:
❌ This is a proposed rule, not final law (60-day comment period open)
❌ Applies only to bank-issued stablecoins, not Tether or Circle
❌ Stablecoin holders are NOT FDIC insured. Pass-through coverage was rejected.
Why it matters:
This is the foundation to bring banks, pension funds, and institutions into stablecoins with full legal clarity.
Final rules expected by July 18, 2026. GENIUS Act takes full effect by January 2027.
Regulated stablecoins are coming. The grey area is closing fast. Bullish for long-term adoption.