The FDIC in the United States launches a framework for banks to apply for issuing stablecoins.

The Federal Deposit Insurance Corporation (FDIC) has proposed establishing a framework that would allow banks to issue payment stablecoins through subsidiaries. The proposal requires the FDIC to assess the subsidiary's ability to meet monthly reserve requirements, and disclose reserve composition on its website. When evaluating applications, the FDIC must consider factors such as capital and liquidity requirements, risk management principles, and management personnel backgrounds.