EconomyFed stablecoin proposal could trigger a 48-hour liquidation run
The Federal Reserve’s proposed rules would give supervised payment stablecoin issuers 24 hours to report a reserve shortfall and submit a recovery plan. If the gap remains, they must begin liquidating reserves and redeeming tokens by 5 p.m. the next business day—often within 48 hours. The proposal also allows minting during the rescue window, to avoid signaling distress on public blockchains.
Fed stablecoin proposal could trigger a 48-hour liquidation run
Economy