Stablecoins: Fed proposes 2-day redemptions
On September 24, 2026, the U.S. Federal Reserve (Fed) proposed a two-business-day redemption period for stablecoins issued by the Fed. The proposal includes exceptions and remains open for public comment. Therefore, this deadline is not yet mandatory for all dollar-denominated stablecoins.
2 business days: this is the redemption period the Federal Reserve is proposing for the stablecoins it oversees, with some exceptions.
100%: an issuer’s reserves must at all times have a minimum value equal to that of its tokens in circulation.
$307.1 billion: the value of stablecoins in circulation worldwide as of October 5, 2026, according to DefiLlama.
November 30, 2026: The public can comment on the Federal Reserve’s plan until this date.
The text published in the Federal Register on September 29 sets out the Federal Reserve’s rules for stablecoins: redemption, reserves, and capital. It implements the GENIUS Act, whose provisions Cointribune covered during the Senate voting stage. A second proposal regulates the licensing of relevant bank subsidiaries.
Stablecoins: two business days under the Federal Reserve proposal, with exceptions.
A stablecoin aims to maintain a stable value relative to a reference asset—in this case, a currency. Redemption means obtaining this value from the issuer. This differs from a sale on a platform, where the price depends on the market.
The proposal sets a standard processing period of two business days from the date of the request. It focuses on redemption by the issuer or its representative, not on transactions between buyers and sellers. A fast transfer on a blockchain and a monetary redemption are two distinct operations.
$STABLE
$FE.US
$DIS
#stablecoin
On September 24, 2026, the U.S. Federal Reserve (Fed) proposed a two-business-day redemption period for stablecoins issued by the Fed. The proposal includes exceptions and remains open for public comment. Therefore, this deadline is not yet mandatory for all dollar-denominated stablecoins.
2 business days: this is the redemption period the Federal Reserve is proposing for the stablecoins it oversees, with some exceptions.
100%: an issuer’s reserves must at all times have a minimum value equal to that of its tokens in circulation.
$307.1 billion: the value of stablecoins in circulation worldwide as of October 5, 2026, according to DefiLlama.
November 30, 2026: The public can comment on the Federal Reserve’s plan until this date.
The text published in the Federal Register on September 29 sets out the Federal Reserve’s rules for stablecoins: redemption, reserves, and capital. It implements the GENIUS Act, whose provisions Cointribune covered during the Senate voting stage. A second proposal regulates the licensing of relevant bank subsidiaries.
Stablecoins: two business days under the Federal Reserve proposal, with exceptions.
A stablecoin aims to maintain a stable value relative to a reference asset—in this case, a currency. Redemption means obtaining this value from the issuer. This differs from a sale on a platform, where the price depends on the market.
The proposal sets a standard processing period of two business days from the date of the request. It focuses on redemption by the issuer or its representative, not on transactions between buyers and sellers. A fast transfer on a blockchain and a monetary redemption are two distinct operations.
$STABLE
$FE.US
$DIS
#stablecoin