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🚨 BREAKING: FED PROPOSES 2% CAPITAL REQUIREMENT FOR STABLECOIN ISSUERS! 🇺🇸💵 🏦 The proposed framework would require a 2% capital buffer on the first $20 BILLION of token issuance for covered payment stablecoin issuers. 🚫 NO DIRECT YIELD: Payment stablecoin issuers would also be prohibited from paying interest or yield directly to token holders. 📋 The proposal is part of the Federal Reserve’s implementation of the GENIUS Act and includes additional capital and risk-management requirements. 🌐 Stablecoin regulation is entering a more defined phase in the U.S. 👀 Could tighter capital rules reshape the stablecoin market? Follow for daily updates ⚡ $QNT $ONE $BTW #FedProposesPaymentStablecoinRules
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