US regulator mulls guidance for tokenized deposit insurance, stablecoins

Acting FDIC Chair Travis Hill said the agency is also working on a regime for stablecoin issuance and expects to issue a proposal for an application process by the end of year.
Source: US regulator mulls guidance for tokenized deposit insurance, stablecoins (https://cointelegraph.com/news/fdic-tokenized-deposit-insurance-stablecoin-application-plans?utm_source=rss_feed&utm_medium=rss%3F__%3D1763166159632%26_%3D1763166159632%26noCache%3Dtrue%26_q%3D1763166159632&utm_campaign=rss_partner_inbound)