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Jordan Kerridge: FDIC approves proposal for U.S. stablecoins under Genius Act

Jordan Kerridge: FDIC approves proposal for U.S. stablecoins under Genius Act
FDIC approves U.S. stablecoins proposal

The Federal Deposit Insurance Corporation (FDIC) has approved a proposal to implement U.S. stablecoins under the Genius Act. Jordan Kerridge highlighted this update, describing it as a significant step for digital assets in the U.S.

The approval marks a notable move toward further regulation and adoption of stablecoins in the country, reflecting growing institutional engagement in the crypto space.

Kerridge has previously reported on warnings from Federal Reserve Chair Powell that U.S. debt levels are unsustainable. He also covered a trading bot that used TurboQuant and Claude to grow $1,500 to $83,115 in 72 hours by executing thousands of prediction market trades. These developments come alongside broader attention on regulatory and market innovations in the digital asset sector.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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