The Federal Deposit Insurance Corporation (#FDIC ), the agency responsible for insuring bank deposits in the United States, has approved a draft law establishing an official procedure for supervised banks to request a license to issue stablecoins for payments under #GENIUS law. This procedure sets a preliminary regulatory framework for the traditional banking system to directly participate in this market.

🗓️ The proposal is currently under a public consultation period, with 60 days allocated for feedback. The text includes details on analysis criteria, operational requirements, and supervisory standards, indicating that the subject will now be treated as financial infrastructure rather than a regulatory exception. ⚡️

🌐 In a broader context, this step enhances the relationship between banks and blockchain technology. Stablecoins will play a central role, with increased legal clarity and institutional oversight. 🏦