Defi
Fed's Stablecoin Draft Sets 2-Day Redemption — but Who Decides When Issuers Liquidate?
COINOTAG·September 24, 2026·1 min read
Federal Reserve Governor Michael Barr endorsed the central bank's first GENIUS Act rulemaking on Thursday, which sets a 2-day redemption requirement for stablecoin issuers. The draft raises questions about who decides when issuers liquidate, as Barr drew its outer limit.
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