FDIC says stablecoin holders will not qualify for federal deposit insurance under new US rules, leaving digital dollar users without the protections given to traditional bank deposits.

Federal Deposit Insurance Corp. Chair Travis Hill said in a speech Wednesday morning that the agency will move to codify stablecoins as ineligible for deposit insurance — which is required under the ...

FDIC chief says stablecoins will not qualify for deposit insurance under the GENIUS Act, including pass-through coverage.

Travis Hill, chair of the US Federal Deposit Insurance Corporation (FDIC), confirmed that, in his opinion, a law passed in July 2025 would not give the agency the authority to guarantee stablecoin ...