The US Treasury Department has released a proposed regulatory framework specifically targeting stablecoin issuers, requiring full reserve backing and regular third-party audits. The guidelines aim to address concerns about systemic risk in the rapidly growing stablecoin market.
Under the proposal, issuers would need to maintain reserves in cash or short-term US Treasury securities and publish monthly attestation reports. Non-compliant issuers would face restrictions on operating within US financial infrastructure.
Stablecoin market leaders have expressed cautious optimism, noting that clear regulations could accelerate mainstream adoption by providing legal certainty for institutional users.
