On November 14, 2025, the ABA Banking Journal published an article stating that the FDIC is advancing work on supervisory guidance for tokenized deposit insurance and plans to issue a proposal later this year outlining an application process for stablecoin issuers subject to its oversight.

Speaking at a Federal Reserve Bank of Philadelphia conference, FDIC Acting Chairman Travis Hill noted that the legal character of a deposit does not change when moved onto a blockchain or distributed-ledger platform. The proposed guidance is expected to clarify regulatory expectations for institutions exploring tokenized deposit structures.

In parallel, the FDIC is implementing requirements under the Genius Act, which mandates a regulatory framework for stablecoins. Hill indicated that while the scope of FDIC-supervised stablecoin issuers remains uncertain, the agency is statutorily required to establish an application process and will prioritize issuing that proposal by year-end.

Read the ABA Banking Journal’s article here.

Adam Witmer

Adam Witmer is a speaker, author, and founder of the Compliance Cohort. Adam has taught hundreds of seminars and training sessions to thousands of bankers throughout the United States and teaches on all areas of regulatory compliance. Adam has written five e-books that he never published, hit a grizzly bear while driving in a National Park, and is an award winning photographer and musician (though he no longer takes photos nor plays any instruments). In his spare time, Adam can be found kayaking on the lake, doing taekwondo with his kids, working on his (project) house, or spending time with his family.

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