US FDIC Said to Be Studying Deposit Insurance for Stablecoins

US FDIC Said to Be Studying Deposit Insurance for Stablecoins
The Federal Deposit Insurance Corp. (FDIC), a key U.S. banking regulator, is studying whether certain stablecoins might be eligible for its coverage, five people familiar with the agency’s thinking said.The discussions are preliminary, and it’s not clear what the timetable would be for making any policy decisions or how such changes would be communicated.The agency is trying to analyze what so-called pass-through FDIC insurance might look like for the reserves that stablecoin issuers hold at banks, the sources said. Such coverage would insure holders of the tokens against losses up to $250,000 if the bank holding the collateral were to…