FDIC Chairman Proposes Excluding Payment Stablecoins From Pass-Through Insurance

Federal Deposit Insurance Corporation plans to suggest rules that would exclude stablecoins from pass-through security coverage, highlighting a regulatory disagreement betwixt tokenized deposits and outgo stablecoins. The Limits of Pass-Through Protection Federal Deposit Insurance Corporation (FDIC) Chairman Travis Hill said the bureau plans to suggest rules that would explicitly exclude outgo stablecoins from its pass-through […]