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us banks issuing stablecoins??! FDIC plan to shake the crypto world 🏦🪙📜 FOMO or FUD
lmfao banks about to flood the market with their own stablecoins, imagine the FUD when they start printing those like there’s no tomorrow
In a significant regulatory move, U.S. banks may soon issue payment stablecoins under a proposed FDIC framework. Banks could apply for stablecoin issuance through subsidiaries pending regulatory approval. The plan, subject to public consultation, outlines the FDIC’s evaluation criteria. Safety and soundness are key focuses, with flexibility to assess risks. The proposal requires bank subsidiaries to meet monthly reserve requirements and disclose reservation details publicly. Further regulations are anticipated in 2026 for stablecoin issuers 🏦🪙📜
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