21 Financial Institutions Commit to 2027 Dollar Stablecoin Plan
A group spanning banks and asset managers plans to form a new company in 2026 and target a US dollar stablecoin launch in the first half of 2027.
Tag: GENIUS Act
FSI Finds Group-Level Gap in Stablecoin Issuer Rules
A Financial Stability Institute comparison finds major differences in what stablecoin issuers may do and a shared gap in oversight beyond the issuing entity.
OCC Targets November for Final GENIUS Act Stablecoin Rule
Comptroller Jonathan Gould said the OCC aims to issue its final payment-stablecoin rule by November and begin processing applications in the new year.
Treasury Proposes US Stablecoin Issuance and Sales Rules
A US Treasury proposal would define when payment stablecoins are issued, offered or sold in the United States under the GENIUS Act.
BlackRock Launches Onchain Stablecoin Reserve Fund
BlackRock launched an onchain government money market fund designed for payment-stablecoin reserves, with a $3 million minimum investment.
Florida Enacts Stablecoin Issuer Rules and Fee-Payment Pilot
Florida approved a state stablecoin issuer framework and a pilot that can let businesses pay regulatory fees in qualifying dollar-backed tokens.
US Agencies Propose Bank-Style Customer Checks for Stablecoin Issuers
Five US financial regulators have proposed customer identification requirements for permitted payment stablecoin issuers, bringing issuer onboarding closer to bank standards.
State Street Targets Stablecoin Reserves With New Money Market Fund
State Street has introduced a government money market fund for stablecoin reserve managers, with Anchorage Digital and State Street Bank among its initial investors.