{"abstract":"The Federal Deposit Insurance Corporation (FDIC) is soliciting comments on a proposal that would establish procedures to be followed by an insured State nonmember bank or State savings association (each, an FDIC-supervised institution) that seeks to obtain FDIC approval to issue payment stablecoins through a subsidiary pursuant to the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act).","action":"Notice of proposed rulemaking.","agencies":[{"raw_name":"FEDERAL DEPOSIT INSURANCE CORPORATION","name":"Federal Deposit Insurance Corporation","id":164,"url":"https://www.federalregister.gov/agencies/federal-deposit-insurance-corporation","json_url":"https://www.federalregister.gov/api/v1/agencies/164","parent_id":null,"slug":"federal-deposit-insurance-corporation"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2025/12/19/2025-23510.html","cfr_references":[{"chapter":null,"citation_url":null,"part":"303","title":12}],"citation":"90 FR 59409","comment_url":null,"comments_close_on":"2026-02-17","correction_of":null,"corrections":[],"dates":"Comments must be received by the FDIC no later than February 17, 2026.","disposition_notes":null,"docket_ids":[],"dockets":[],"document_number":"2025-23510","effective_on":null,"end_page":59418,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2025/12/19/2025-23510.xml","html_url":"https://www.federalregister.gov/documents/2025/12/19/2025-23510/approval-requirements-for-issuance-of-payment-stablecoins-by-subsidiaries-of-fdic-supervised-insured","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2025-23510?publication_date=2025-12-19","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2025-12-19/2025-23510/mods.xml","not_received_for_publication":null,"page_length":10,"page_views":{"count":3406,"last_updated":"2026-10-22 18:15:05 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2025-12-19/pdf/2025-23510.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2025-23510.pdf?1766065531","publication_date":"2025-12-19","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2025/12/19/2025-23510.txt","regulation_id_number_info":{"3064-AG20":null},"regulation_id_numbers":["3064-AG20"],"regulations_dot_gov_info":{"comments_count":0,"agency_id":"FDIC","document_id":"FDIC-2025-1110-0001","checked_regulationsdotgov_at":"2025-12-20T16:55:04Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":59409,"subtype":null,"title":"Approval Requirements for Issuance of Payment Stablecoins by Subsidiaries of FDIC-Supervised Insured Depository Institutions","toc_doc":"Approval Requirements for Issuance of Payment Stablecoins by Subsidiaries of FDIC-Supervised Insured Depository Institutions","toc_subject":null,"topics":["Administrative practice and procedure","Bank deposit insurance","Banks, banking","Reporting and recordkeeping requirements","Savings associations"],"type":"Proposed Rule","volume":90}