
What happened?
The Federal Reserve proposed two measures for stablecoin issuers under the GENIUS Act: limits on reserve assets and standardized capital requirements, covering reserve composition and issuer capital.
The supplied summary gives no thresholds or implementation timetable for the proposed measures.

The Federal Reserve proposed two measures for stablecoin issuers under the GENIUS Act: limits on reserve assets and standardized capital requirements, covering reserve composition and issuer capital.
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The account describes USDT as Tether’s stablecoin and attributes the assessment to a new Senate investigation.
Read the briefThe cited Senate panel is the Permanent Subcommittee on Intelligence.
Read the briefRedotPay disputed an August report that its U.S. listing had been put on hold.
Read the brief