Fed proposal gives stablecoin issuers 24 hours to report reserve shortfalls

Sep 26, 2026 18:00 (29d ago)

Fed proposes a 24-hour reporting window for covered stablecoin issuers.
Covered issuers must report reserve shortfalls and submit rescue plans within 24 hours.
Minting could continue during the window, while new buyers could share losses.

The Fed’s proposal would give covered stablecoin issuers 24 hours to report a reserve shortfall and submit a rescue plan. Minting could continue during that window. Halting issuance may signal distress on-chain, while allowing new buyers to enter could expose them to part of the loss.