TREASProposed Rule

Guiding and Establishing National Innovation for U.S. Stablecoins Act Implementation

Finance & BankingTechnology

Summary

The Treasury Department is proposing rules to establish a framework for U.S. stablecoins—digital currencies backed by government or assets—to promote innovation while protecting consumers and the financial system. The regulation aims to create clear guidelines for how these digital currencies can be created, used, and supervised in the United States.

Key Points

  • 1The rule creates a federal framework for stablecoins, which are digital currencies designed to maintain a stable value (unlike Bitcoin, which fluctuates widely)
  • 2Treasury would oversee the creation and operation of stablecoins to ensure they're backed by real assets or government backing and don't pose risks to the financial system
  • 3The regulation balances promoting financial technology innovation with protecting consumers from fraud and financial instability
  • 4Banks, financial companies, and digital currency businesses would need to follow new licensing and safety requirements to issue stablecoins
  • 5The public can submit comments on the proposed rule until November 5, 2025, before the final version is decided

Key Dates

Published

September 19, 2025

Comment Deadline

November 5, 2025

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This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.

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