HOME > hermes bag > dakota stablecoin - Anchorage Digital Suggests Changes to GENIUS Act Stablecoin Rules
dakota stablecoin - Anchorage Digital Suggests Changes to GENIUS Act Stablecoin Rules
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2026-06-14 07:02:23 |
96429 min read
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15:22 PM
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Anchorage Digital has proposed revisions to the GENIUS Act's stablecoin regulatory framework in a letter to the U.S. Office of the Comptroller of the Currency. The firm recommends recognizing South Dakota trust structures' reserve asset segregation model and opposes certain quantitative requirements, including a 10% daily liquidity deposit and a 40% limit on single custodian exposure. Anchorage also advocates for principle-based regulation focused on stress testing.Additionally, Anchorage suggests removing the mechanism that triggers a maximum seven-day redemption delay when daily redemptions surpass 10%. The company also opposes classifying third-party payment proceeds as a "circumvention of interest bans" in all cases, arguing for more nuanced regulatory approaches.STABLE+11.23%Source:Show OriginalDisclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
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