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Stablecoin Issuance Gets Federal Guardrails Under New Proposal
Key Takeaways

NCUA proposes a new Permitted Payment Stablecoin Issuer (PPSI) license for subsidiaries of federally insured credit unions.
Credit unions would be prohibited from issuing stablecoins directly or engaging with unlicensed issuers.
The framework introduces a federal supervisory pathway… Read full article
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