The U.S. FDIC’s new rules bring stablecoins into the bank regulatory framework, implementing key provisions of the “GENIUS Act”

Gate News updates: In the United States, the Federal Deposit Insurance Corporation (FDIC) has issued a new rule to push stablecoin regulation toward a banking model. On April 7, the FDIC approved a proposal to implement key provisions of the GENIUS Act, setting standards for reserve holdings, redemptions, capital, and risk management for stablecoin issuers. Under the new rule, stablecoin issuers must hold cash or safe assets such as U.S. Treasury securities, and ensure that the tokens can be reliably redeemed on a 1:1 basis.

This rule formally brings insured banks into the stablecoin ecosystem. Banks will be allowed to hold reserves and provide custody services, strengthening the links between stablecoins and traditional financial infrastructure. In addition, if the funds supporting a stablecoin meet the legal definition of deposits, they will receive the same protections as ordinary bank deposits. This measure not only boosts investor confidence, but also expands the scope of regulatory coverage.

The regulation is intended to ensure the safety and transparency of stablecoin operations, providing a clearer compliance framework for the digital asset market. Regulators will accept 60 days of public comments before the rule is formally implemented, so that necessary modifications can be made. This means that U.S. stablecoins are no longer viewed as independent crypto assets, but instead face strict oversight in the same way as the banking system.

Analysts note that this move may change market confidence in stablecoins and their patterns of use. As stablecoins become more closely integrated with banking services, payment and custody services will be more secure and reliable, which may also attract more institutional investors to the market. At the same time, it provides a clear path for the development of compliance-oriented stablecoins, advancing the integration of cryptocurrencies and traditional finance.

Taken together, the FDIC’s new rule marks a new stage in U.S. stablecoin regulation. In the future, the market will rely more on compliant issuers and insured banks to safeguard stablecoins’ stability and liquidity. This policy change will have far-reaching implications for both the stablecoin ecosystem and the digital payments market.