#FedProposesPaymentStablecoinRules
On September 24, 2026, the U.S. Federal Reserve issued two comprehensive rulemaking proposals under the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act to establish a federal regulatory framework for payment stablecoins. The proposals transition stablecoin oversight from standard enforcement guidance to formal, structured rulemaking for all Board-supervised issuers.