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stablecoins

Every record this desk has filed under stablecoins, newest first, each with the number of sources it can still show you.

1 recordSeptember 28, 2026All topics
  1. News9 receipts7 min

    The Federal Reserve's stablecoin proposal, publishing September 29 with 60 days for comment, would make the issuers it supervises pay holders within two business days and, if reserves fall below one-to-one, start liquidating by 5 p.m. on the business day after a 24-hour plan deadline, with no redemption fees, unless backing is restored or the Fed directs the issuer to follow its plan.

    The Federal Reserve Board's proposed rule implementing the GENIUS Act (Docket R-1899, FR Doc. 2026-19860), on public inspection September 28 and scheduled for Federal Register publication September 29, sets terms for the stablecoin issuers the Fed will supervise. Issuers would have to redeem within two business days of a request, for any amount of one coin or more, after customer screening. An issuer whose reserves fall below one-to-one would have 24 hours to notify the Fed and file a plan, and must begin liquidating by 5 p.m. on the business day after that deadline unless it has restored full backing or the Fed directs it to follow its plan, charging no redemption fees and issuing no new coins while it does. The Fed would presume that yield paid to holders through an issuer's affiliates, yield-service firms or brand partners is prohibited. The redemption rules do not reach trading on exchanges, and the Fed says no bank it supervises currently owns a stablecoin issuer. Comments close 60 days after publication; that lands on Saturday, November 28, which Federal Register rules push to Monday, November 30, 2026, by Hugin's count. The printed notice will state the date.

    Also filed underfederal-reservegenius-actcryptoconsumer-protectionfederal-registerpublic-comment

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