Wire · operational-macro
Fed Proposes Full Reserve And Capital Rules For US Stablecoin Issuers
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Fusion42 · 25 September 2026 · Fusion42 review
The Federal Reserve has proposed new rules requiring US stablecoin issuers supervised by the Fed to fully back tokens with permitted reserve assets and meet standardized capital, risk management, and custody requirements under the GENIUS Act. Banks wanting to issue stablecoins must undergo a dedicated application process, but the rules are not final and are open for public comment for 60 days.
This Wire brief sits within Fusion42's coverage of Fintech, and 7 sources have reported it between 24 Sep 2026 and 26 Sep 2026.
◆ ◆ The Wire takeaway
You face new clarity on capital and reserve rules to bring stablecoins into regulated banking. Start preparing for formal applications while public feedback shapes final requirements.
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7 sources · first reported 24 Sep 2026 · latest 26 Sep 2026
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