Urgent ๐Ÿšจ
The U.S. Federal Reserve proposes reserve and capital rules for stablecoin issuers under the GENIUS Act ๐Ÿš€.
Governor Michelle Barr supports the draft, calling for clearer redemption protections. The proposed rules increase liquidity reserves and tighten capital ratios. This move could reshape stablecoin markets in the United States and set a global benchmark. Companies are already assessing budgetary impacts ๐Ÿ“Š.
Regulators will issue guidance in the coming weeks ๐Ÿ”.
$QI , $PHA