🏦 FDIC UNVEILS STABLECOIN FRAMEWORK

$RIVER

RIVERBSC
RIVERUSDT
2.958
+6.25%

$CYS

CYSBSC
CYSUSDT
0.2765
+18.36%

The FDIC has released a framework allowing U.S. banks to issue payment stablecoins under the GENIUS Act, detailing approval rules for bank subsidiaries entering the digital dollar space.

— @Cointelegraph X

#Stablecoins #Banking