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FDIC Proposes GENIUS Act Framework for Supervised Depository Institutions

The banking regulator's Board of Directors has proposed a new framework for stablecoins under the GENIUS Act.

Apr 7, 2026 • 1 min read

The Federal Deposit Insurance Corporation (FDIC) Board of Directors today issued proposed rulemaking that seeks to implement a "prudential framework" for FDIC-supervised permitted payment stablecoins issuers under the GENIUS Act.

What's the Scoop?

Prudential Framework: The FDIC's Board of Directors has voted to propose new rules creating standards for the prospective stablecoin issuers they supervise, including requirements related to reserve assets, redemption, capital, and risk management standards. Additionally, the proposed ruling would eliminate any potential "pass through" yield loopholes and clarify that tokenized deposits will be treated no differently under the Federal Deposit Insurance Act than any other types of deposits.
Comments Requested: Members of the public can submit comments on the proposed rule for 60 days after its publication in the Federal Register.

Today, our Board of Directors approved a proposed rule that would establish requirements under the GENIUS Act for FDIC-supervised stablecoin issuers.https://t.co/VAnMhwyGo5 pic.twitter.com/1A8sqGRlvk
— FDIC (@FDICgov) April 7, 2026

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