← Published

meta_id 3336772

pc nid 94099 Jul 20, 2026 rghosh@vixio.com US Track 3 Federal Register horizon scanning
103% of draft length draft in Generated

Generated

2147 chars

Federal Deposit Insurance Corporation Publishes Reporting Forms for Permitted Payment Stablecoin Issuers

On July 20, 2026, the Federal Deposit Insurance Corporation (FDIC) published reporting forms and instructions for permitted payment stablecoin issuers (PPSIs) supervised by the FDIC under the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act), which was enacted on July 18, 2025. The FDIC is seeking public comment on new weekly and quarterly reporting forms that would be required under proposed Part 350 to Title 12 of the Code of Federal Regulations, which implements certain requirements of the GENIUS Act. The FDIC proposes two weekly reporting forms: Form PS-01 for PPSIs with USD 1 billion or more in total outstanding issuance value or USD 100 million or more in average daily transaction volume in the prior month, and Form PS-01a for smaller PPSIs. Form PS-01 contains eight schedules collecting information on reserve assets, issuance and redemption activity, cash balances, U.S. Treasury securities, reverse repurchase agreements, money market mutual funds, and other instruments. Form PS-01a contains three abridged schedules. The FDIC also proposes Form PS-02, a quarterly reporting form applicable to all PPSIs, which would collect financial condition information including income statements, balance sheets, off-balance sheet items, capital elements, and operational backstop details. These reporting requirements would facilitate FDIC supervision of PPSIs, promote transparency regarding their financial condition, and provide information to assess compliance with reserve asset requirements. The FDIC estimates annual burden for weekly and quarterly reporting at 3,840 hours across approximately 20 respondents. Comments must be submitted by September 18, 2026. Interested parties may submit comments via the FDIC website at https://www.fdic.gov/resources/regulations/federal-register-publications/, by email to comments@fdic.gov, or by mail to Michelle Mire, Senior Attorney, MB-3072, Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429. The FDIC also seeks comment on which structured data format—XML, JSON, or CSV/XBRL—would be most effective for PPSI submissions.

Agent draft

Not run yet.

Published

2202 chars

US Federal Deposit Insurance Corporation Launches Consultation on Reporting Forms for Permitted Payment Stablecoin Issuers

On July 20, 2026, the US Federal Deposit Insurance Corporation (FDIC) issued a notice and request for comment on reporting forms and instructions associated iwth requirements and sntadards for permitted payment stablecoin issuers (PPSIs) supervised by the FDIC under the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) . The FDIC is seeking public comment on new weekly and quarterly reporting forms that would be required under proposed Part 350 to Title 12 of the Code of Federal Regulations, which implements certain requirements of the GENIUS Act. The FDIC proposes two weekly reporting forms: Form PS-01 for PPSIs with USD 1bn or more in total outstanding issuance value or USD 100mn or more in average daily transaction volume in the prior month. Form PS-01a for smaller PPSIs. Form PS-01 contains eight schedules collecting information on reserve assets, issuance and redemption activity, cash balances, U.S. Treasury securities, reverse repurchase agreements, money market mutual funds, and other instruments. Form PS-01a for smaller PPSIs. Form PS-01 contains eight schedules collecting information on reserve assets, issuance and redemption activity, cash balances, U.S. Treasury securities, reverse repurchase agreements, money market mutual funds, and other instruments. The FDIC also proposes Form PS-02, a quarterly reporting form applicable to all PPSIs, which would collect financial condition information including income statements, balance sheets, off-balance sheet items, capital elements, and operational backstop details. These reporting requirements would facilitate FDIC supervision of PPSIs, promote transparency regarding their financial condition, and provide information to assess compliance with reserve asset requirements. Comments must be submitted by September 18, 2026. Interested parties may submit comments via the FDIC website , by email to comments@fdic.gov, or by mail to Michelle Mire, Senior Attorney, MB-3072, Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429. The FDIC also seeks comment on which structured data format—XML, JSON, or CSV/XBRL—would be most effective for PPSI submissions.