Investments in and Licensing of Permitted Payment Stablecoins Issuers
Summary
This proposed rule would allow credit unions to invest in and license companies that issue stablecoins, which are digital currencies designed to maintain a stable value. The regulation establishes rules for how credit unions can participate in this emerging financial technology, potentially giving members access to new digital payment options.
Key Points
- 1Credit unions would be permitted to invest money in companies that create and issue stablecoins (digital currencies backed by real assets like cash or government bonds)
- 2The rule sets licensing and oversight requirements to ensure these stablecoin issuers operate safely and don't put credit union deposits at risk
- 3The regulation applies to credit unions federally chartered or insured by the NCUA (a government agency that protects credit union members' accounts)
- 4The public has until April 14, 2026 to submit comments on the proposed rule before it becomes final
- 5This change allows credit unions to compete in the digital currency market and potentially offer members faster, cheaper payment options
Key Dates
February 12, 2026
This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.
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