FEDERAL DEPOSIT INSURANCE CORPORATION ISSUES PROPOSED RULE: APPROVAL REQUIREMENTS FOR ISSUANCE OF PAYMENT STABLECOINS BY SUBSIDIARIES OF FDIC-SUPERVISED INSURED DEPOSITORY INSTITUTIONS; EXTENSION OF COMMENT PERIOD

WASHINGTON, Feb. 11 -- Federal Deposit Insurance Corporation has issued a proposed rule called: Approval Requirements for Issuance of Payment Stablecoins by Subsidiaries of FDIC-Supervised Insured Depository Institutions; Extension of Comment Period.

The proposed rule was published in the Federal Register on Feb. 11 by Jennifer M. Jones, Deputy Executive Secretary.

Summary: On December 19, 2025, the Federal Deposit Insurance Corporation (FDIC) published in the Federal Registera notice of proposed rulemaking that would establish procedures to be followed by an insured State nonmember bank or State savings association (each, an FDIC-supervised institution) that seeks to obtain FDIC approval to issue payment stablecoins through a subsidiary ...