Wire · regulatory
What Actually Makes a Stablecoin Regulated: A Guide for Institutions Evaluating RLUSD
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Fusion42 · 11 September 2026 · Fusion42 review
This article explains the different US regulatory frameworks governing stablecoins, highlighting how RLUSD operates under a New York state trust charter with plans to add federal oversight through an OCC national trust bank charter, detailing differences in capital requirements, reserve rules, and supervision depth.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
You must treat stablecoin licenses as fundamentally different regulatory risks: state licenses focus on money transmission, but national trust charters add deeper federal scrutiny and reserve protections that open institutional market access.
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1 source · 11 Sep 2026
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