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FDIC rejects deposit insurance request tied to stablecoin holdings
FDIC says stablecoin holders will not qualify for federal deposit insurance under new US rules, leaving digital dollar users ...
Stablecoin users won't benefit from any government guarantee of their money when the new U.S. law is implemented to govern these tokens, said Federal Deposit Insurance Corp. (FDIC) Chairman Travis ...
Travis Hill, chair of the US Federal Deposit Insurance Corporation (FDIC), confirmed that, in his opinion, a law passed in July 2025 would not give the agency the authority to guarantee stablecoin ...
Payment stablecoin holders won’t be eligible for federal deposit insurance even if their assets are held at insured banks, the federal regulator charged with overseeing the bank backstop said.
Federal Deposit Insurance Corp. Chair Travis Hill said in a speech Wednesday morning that the agency will move to codify stablecoins as ineligible for deposit insurance — which is required under the ...
FDIC chief says stablecoins will not qualify for deposit insurance under the GENIUS Act, including pass-through coverage.
The Federal Deposit Insurance Corp. supervises banks and insures deposits so people don't lose their money when banks collapse.
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