The GENIUS Act — the United States’ new regulatory framework for fully reserved payment stablecoins — is sending shockwaves ...

The banking regulator began its formal rulemaking process to set up the procedures by which depository institutions can start ...

The FDIC has released a proposed framework detailing how banks could apply to issue payment stablecoins under the GENIUS Act, ...

Ripple’s USD-backed stablecoin, RLUSD, has hit a $1.26 billion market cap in less than a year. That makes it the ...

Steil is one of Congress’s most vocal pro-crypto lawmakers. As chair of the House subcommittee overseeing digital assets, he ...

Rep. Steil urges regulators to fast-track GENIUS Act rules as the July rulemaking deadline approaches amid rising concerns over delays ...

However, the White House’s $2-$4 trillion target by 2028-2030 and the primary goal of bolstering demand for U.S short-term ...

In July, President Trump signed the GENIUS Act, which set forth a foundation for the issuance of a type of cryptocurrency known as stablecoin. Principal stated objectives are to assure the status of ...

This content is contributed or sourced from third parties but has been subject to Finextra editorial review. The US is in the midst of redrawing the map for stablecoins. With the signing of the ...

FDIC acting Chairman Travis Hill announced the agency will submit initial GENIUS Act new rules for stablecoins by the end of ...

The GENIUS Act promises safer, fully reserved dollar stablecoins and faster payments, but by steering issuers toward T-bills and cash, it may also hardwire a new demand engine for US debt. The Guiding ...