The US FDIC proposes a rule to establish a regulatory framework for stablecoin issuers, including requirements related to reserve assets, under the GENIUS Act (Sarah Wynn/The Block)

Sarah Wynn / The Block: The US FDIC proposes a rule to establish a regulatory framework for stablecoin issuers, including requirements related to reserve assets, under the GENIUS Act — Quick Take — The FDIC voted to propose a rule that would set forth standards for stablecoin issuers, including requirements involving reserve assets.