The US Federal Deposit Insurance Corporation (FDIC) plans to release a framework for regulating stablecoins later this month, according to FDIC Acting Chair Travis Hill. The agency will propose rules to implement the GENIUS Act, which was signed into law in July and created oversight and licensing regimes for various regulators, including the FDIC. Hill highlighted that the FDIC will also introduce a proposed rule regarding prudential requirements for stablecoin issuers supervised by FDIC subsidiaries early next year. The agency’s work on stablecoin rules is part of its broader mandate to ensure the safety and stability of bank deposits under the GENIUS Act. This process involves public feedback, which will be reviewed before the final rules are published.