U.S. financial regulators are taking new actions. The Federal Deposit Insurance Corporation (FDIC) Board approved a proposed rule on December 16th, specifically targeting institutions issuing payment-type stablecoins through subsidiaries.

In simple terms, institutions wanting to issue such stablecoins must submit an application, clearly explain their business plans, how they control subsidiaries, how the money flows, and who makes the final decisions. They also need to provide proof of cooperation with a certified public accounting firm to ensure financial transparency.

The rule has already been published for public comment. This indicates that the regulatory framework is moving from theory to practice at an accelerated pace. For institutions aiming to comply and enter the stablecoin space, this notice serves as a clear signal—the thresholds are defined, and the pathways are now clearer.