FDIC Proposes Rules For Stablecoin Issuers under GENIUS Act
The FDIC board of directors has voted to approve a notice of proposed rulemaking outlining how FDIC-supervised stablecoin issuers would operate under the GENIUS Act.
The FDIC board of directors has voted to approve a notice of proposed rulemaking outlining how FDIC-supervised stablecoin issuers would operate under the GENIUS Act.
Off-exchange custody mirrors T-bill collateral for yield-positive counterparty protection. Prime brokers enable cross-venue leverage but shift rather than eliminate risk concentration.
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