Key Highlights The Federal Reserve published two stablecoin rule proposals on September 24, 2026, creating distinct application paths for insured state member banks and operating rules for issuers under Fed supervision. Proposals establish a $5 million initial capital floor for new issuers with a 2% capital charge on uninsured reserve deposits, plus a 360-day transition ...
Key Highlights The Federal Reserve has proposed a banking-like regulatory framework for payment stablecoin issuers it supervises, requiring full reserve backing, fixed capital requirements, safe custody, and a tailored approval process under the GENIUS Act. Governor Michael S. Barr warned that the proposed anti-money-laundering (AML) standard focusing on “significant or systemic” failures may constrain the ...
Coinbase and Moov Partner to Bring Stablecoin Payments to Over 1,000 U.S. Community Banks Coinbase has announced a strategic partnership with payments infrastructure provider Moov to connect more than 1,000 U.S. community banks and credit unions with stablecoin payments, custody, merchant settlement, and real-time funding capabilities. The announcement, made on September 10, 2026, positions the ...