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FINANCIAL INSTITUTION LETTER | JULY 17, 2026 |
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Summary:
On April 10, 2026, as part of a proposed rule that would implement requirements under the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, the Federal Deposit Insurance Corporation (FDIC) proposed a new information collection that would include weekly and quarterly reporting forms that must be completed by FDIC-supervised permitted payment stablecoin issuers (PPSI). This Financial Institution Letter (FIL) provides notice of the forms and instructions in support of the proposal.
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Statement of Applicability:
The contents of, and material referenced in, this FIL apply to all FDIC-supervised financial institutions.
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Distribution:
FDIC-Supervised Financial Institutions.
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