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The U.S. Federal Deposit Insurance Corporation (FDIC) has taken a significant step toward formalizing stablecoin regulation by approving a proposed rule that establishes an application process for institutions seeking to issue payment stablecoins under its supervision. This development marks the first official rule-making proposal following the passage of the GENIUS Act, formally known as the U.S. Stablecoin Innovation Act. At its core, this move signals a shift from regulatory ambiguity to structured oversight. By defining a clear application pathway, the FDIC is laying the groundwork for compliant, institution-backed stablecoin issuance within the U.S. financial system. This is not just a procedural update—it reflects growing recognition that stablecoins are no longer a fringe experiment, but a component of modern payment infrastructure that requires clear standards and accountability. The initiation of a 60-day public comment period is equally important. It opens the door for banks, fintech firms, crypto-native companies, and the broader public to shape how stablecoin issuance will function in practice. The feedback gathered during this phase could influence reserve requirements, risk management standards, consumer protections, and the balance between innovation and financial stability. From a market perspective, this is a constructive signal. Regulatory clarity reduces uncertainty, encourages institutional participation, and strengthens trust in stablecoin-based payment systems. While the final form of the rule will matter greatly, the direction is clear: the U.S. is moving toward integrating stablecoins into its regulated financial framework rather than pushing them to the margins. This moment could prove pivotal. If implemented thoughtfully, it may accelerate responsible stablecoin adoption, support innovation in digital payments, and position the U.S. as a serious contender in shaping the future of regulated digital money.$BTC $ETH $BNB
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